New York (May 20, 2003) -- Apparently, investment professionals aren’t immune to effects of the bear market -- compensation for U.S. investment professionals hit a five-year low, according to a survey by the Association of Investment Management and Research and Russell Reynolds Associates.

Median total compensation for U.S.-based professionals in 2003 checked in at $148,000, off 22 percent from 2001 and down 10 percent from 1999, according to the 2003 Investment Management Compensation Survey.

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