CaptainJack_sMacroStr
Fund managers' salaries are now fully tied to their performance, putting an end to guaranteed earnings regardless of results. The new regulations implement a tiered adjustment system, determining salaries based on performance over the past three years: if a fund underperforms the benchmark by more than 10 percentage points and is losing money, the performance-based salary must be reduced by over 30% compared to the previous year; even if the fund is profitable but still trails the benchmark by more than 10 points, the salary must be cut; if the underperformance is less than 10 points but the f
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