Survey: Hedge Fund Compensation Rises In 2014

Dec 30 2014 | 12:18pm ET

Hedge fund compensation increased in 2014 as industry assets under management reached a record high $2.82 trillion, according to the 2015 Glocap Hedge Fund Compensation Report.

The report, conducted in conjunction with Hedge Fund Research, showed compensation in the hedge fund space was up 5-10% over 2013 as funds competed with each other—and other industries—for top financial talent. Portfolio manager, traders and senior analysts all saw pay bumps as did marketing and IT professionals at top-performing funds.

Over the first three quarters of 2014, HFRI Fund Weighted Composite Index gained 2.90%. The percentage of hedge funds reaching high watermarks YTD through September also rose to 68%, a sharp increase from 48.4% two years earlier.

“Hedge fund bonus pools continue to grow in 2014, inflated by management fee income, even if the performance contributions are more variable. But hedge funds will again be increasing their pay to retain and attract top talent, especially as more capital enters this competitive market,” said Glocap's Anthony Keizner in a statement.

Here are some other report findings.

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