Top-Earning U.S. Hedge Fund Managers Pay Falls To Just $14.4bn

Jesse Westbrook Still

Compensation for the highest-paid U.S. hedge-fund managers plunged 35% in 2011 to $14.4bn after the European sovereign debt crisis pushed the industry to its second-worst year ever, a survey showed.

Average pay for the 25 top earners was $576m last year, down from $883m in 2010, according to an annual ranking published by AR Magazine.

Jesse Westbrook reports on Bloomberg Television's InBusiness With Margaret Brennan.

Source: Bloomberg

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