Hedge Funders Make Almost Twice As Much As Other Money Managers

Dec 5 2012 | 11:04am ET

Hedge fund managers may not be earning as much as they used to, but they're still doing very well compared to their traditional counterparts.

Hedge fund professionals are the best-paid members of the asset management industry, according to a new report from Greenwich Associates and Johnson Associates. The annual survey shows that the average hedge funder earns almost twice as much as his/her counterparts at traditional firms.

To be precise, hedge fund professionals made 1.8 times as much last year. That's down from 2.4 times as much in 2010.

Greenwich and Johnson said they do see that figure falling further—or returning to previous levels—in the short- or medium term. But they did note that "hedge funds will remain most flexible when it comes to setting compensation packages."


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

Securities and Exchange Commission Chair Mary Jo White will step down as chair of the nation’s Wall Street overseer in January, setting the stage for a potential conservative shift in the regulator’s leadership under the incoming Donald Trump administration.