Sat, Aug 30, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

CIO rises to top spot on hedge fund pay scale according to a new survey from Infovest21

Tuesday, November 27, 2012

Bailey McCann, Opalesque New York: Infovest21, a global investment information services provider has published the results of its latest hedge fund compensation survey. The results are based on data from 14 separate hedge fund management firms, all with assets over $1bn. In the eleventh annual survey, Infovest21 found that the Chief Investment Officer, with a total compensation of $5.4m, topped the list of 24 positions at the typical hedge fund firm.

The role of CEO was next with compensation topping out at $4.4m. Portfolio Manager and Chief Operations Officer followed with an average total compensation of $2.7m and $1.2m respectively. Positions in sales and marketing fell below the $1m threshold with salaries ranging from just under to $800,000. For positions such as General Counsel, or Head Trader the compensation ranged from $799,999-400,000.

"In comparing 2012 and 2011 average compensation results, we see a mixed trend. Most senior management positions had a higher total compensation package in 2012 than in 2011 as did most of the investment positions. The two exceptions were Chief Financial Officer and Senior Analyst. However, in sales & marketing, legal, compliance, financial, operations and trading, all positions had a lower average total compensation in 2012 than in 2011," said Lois Peltz, president of Infovest21, in a statement about the survey findings.

Beyond compensation, 70% of respondents noted tha......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  3. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  4. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  5. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest