Hedge fund employees expect more pay

Hedge Fund

Hedge fund employees of all stripes, from junior analysts to portfolio managers, have something in common this year: They’re all expecting fatter paychecks.

Bloomberg News reports that, despite an industry beset with lagging performance, an investor exodus and closures, hedge fund professionals expect a median compensation of $520,000 in 2018, a 16 percent increase from last year, according to a survey by Odyssey Search Partners, an executive search firm based in New York.

Partners, portfolio managers and other senior staff predict a more modest increase in comparison to their junior counterparts. They see a median compensation of $950,000, up nearly 10 percent. This group’s compensation is the most tied to performance.

Hit the link below to access the complete Bloomberg News article:

Hedge Fund Employees Expect Fatter Paychecks in Beleaguered Year

Leveraged Loans Are Looking ‘Scary’ to These Money Managers

 

 

Have something to tell us about this article?

JefferiesAnd the Best Place to Work in the global financial markets 2018 is...