According to a recent study conducted by AIMR and Russell Reynolds Associates, investment professionals around the world have seen their compensation shrink considerably over the past two years, due mainly to a prolonged market downturn. A number of factors affect compensation, ranging from years of experience, to members' geographic locations, to gender, to type of assets managed; however, in virtually all cases, AIMR members have seen their levels of compensation drop considerably. Still, among AIMR members with 10 years of experience or more, those who hold the CFA charter earn an average of 21 percent more than their non-charterholder counterparts. This article provides a geographic breakdown of the study results, featuring median compensation for AIMR members working in Canada, Hong Kong, Japan, Singapore, Switzerland, the United Kingdom, and the United States. It also addresses for the first time compensation variations for AIMR members working in major urban centers.