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Majority of fund workers frustrated by lack of career progression

Jennifer Cable, people and talent expert at PA Consulting Group, is quoted in an article by Anna Devine talking about how people working in the fund management industry can improve their chances of career progression.

The article notes that six in 10 asset management professionals are frustrated by a lack of progression in their career, according to a survey by Ignites Europe, with close to half of respondents saying network has the biggest impact on opportunity for advancement. 

Meanwhile, talent and culture are the next biggest factors in influencing career progression, according to the 95 respondents who took part.

Jennifer says it is a "myth" that careers follow one long straight line from entry to a senior role.

"Broaden your horizons. Working in a saturated market could be career limiting," says Jennifer.

Jennifer continues: "You need to build the skills that will be in demand in 10 years’ time, as well as 10 months’ time."

Jennifer reckons people should "find out what others think are your strengths and your shortcomings."

"And make sure people know you want a new role and understand your capabilities," says Jennifer.

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