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.
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