Bloomberg News reports that money managers at hedge-fund firms that oversee more than $4 billion earned about $2.4 million this year, an increase of almost 8 percent, according to an industry survey.
Bloomberg News reports that pay for senior traders and analysts at large funds with average industry performance rose about 5 percent, partly driven by competition from private-equity firms and banks, according to a survey by Glocap Search LLC, a New York-based executive-search firm. Analysts earned about $372,000 in salary and bonus, Glocap said in an e-mailed statement.
'Hedge-fund bonus pools continue to grow in 2014, inflated by management fee income, even if the performance contributions are more variable,' Anthony Keizner, the head of Glocap’s hedge fund practice, said in the statement.
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