Monday, 28 July 2014
Last updated 3 min ago
Nov 30 2010 | 9:48am ET
CEOs and CIOs bring home the most bacon in the small-to-mid-sized hedge fund space, according to Infovest21’s 2010 compensation survey.
For hedge fund managers with less than $1 billion in assets, total average compensation for CEOs and CIOs was in the $600,000+ range.
Not far behind—with compensation in the $400,000 to $499,999 range—were head traders, compliance directors, senior analysts, COOs and directors of sales and marketing.
Portfolio managers, CFOs and mid-level analysts got by with total compensation of $190,000 to $350,000, while client services and operations/mid-office personnel earned under $100,000.
Compared to 2009, says Infovest21 President Lois Peltz, everyone earned more, with the exception of CFOs and operations/mid-office trade support personnel, who saw their compensation reduced.
The results of this second compensation survey are based on data from 30 hedge fund management firms, all with assets under $1 billion. The average manager in the survey had $305 million in assets, 14.5 employees and was up 3.5% for the first half of 2010. A full 96% of the respondents were stand-alone organizations.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…