Austerity? Not At These 6 UK Hedge Funds

Jan 15 2015 | 12:21pm ET

Hedge fund returns weren't anything to write home about in 2014, but you wouldn't know that from the paychecks at a number of leading London firms.

efinancialcareers did some poking around in the year-end filings (found on the Companies House website) and discovered there were some big paydays at these six London firms:

Marathon Asset Management
Marathon generated a profit of £126.5 million for the 12 months to March 2014 (down from £172 million a year earlier). The entire amount was divided among the firm's four members, for an average payout of £31.6 million. The highest payout was £36.6 million, down considerably from the highest payout for 2013, which was £103.9 million.

Oxford Asset Management
The seven members at Oxford divided £1.9 million between them last year—or roughly £271,400 each. That's a far cry from the average payout of £12.9 million in 2013, based on profits of £90.5 million. Oxford's highest paid partner this year received "only" £670,000, down from £44.8 million in 2013.

Pelham Capital Management
Pelham generated an operating profit of £131.2 million in 2014, compared to £44.1 million in 2013. All of the 2014 profit was made available for “discretionary division” among 12 partners, which translated into an average payment of £10.9 million. The highest-paid member took home £101.2 million this year, compared to £26.4 million in 2013.

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