Tue, Apr 25, 2017
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. Investing - Hedge fund Ecofin says EDP bid for renewable energy unit 'egregiously low', Asia CIOs say "non" to Europe, Billionaire Mike Novogratz says he has 10% of his money in Bitcoin and Ether[more]

    Hedge fund Ecofin says EDP bid for renewable energy unit 'egregiously low' From Reuters.com: London hedge fund firm Ecofin said an offer from Portugal's largest company EDP to buy 22.47 percent of subsidiary EDP Renovaveis "significantly undervalues" the company, in a letter to EDPR's bo

  2. Alternative asset firm YieldStreet surpasses $100m of loans funded in less than 8 quarters[more]

    Komfie Manalo, Opalesque Asia: Alternative asset investment platform YieldStreet reported that it has surpassed $100m in loans funded in less than eight quarters from accredited investors and single family offices. YieldStreet was founded by Milind Mehere and Michael Weisz. In a

  3. Investing - Investor appetite for high-growth IPOs to be tested, Apollo boosts fund's stock allowance for 'diamonds in the rough', Hedge funds uncertain over outlook for Hargreaves Lansdown[more]

    Investor appetite for high-growth IPOs to be tested From FT.com: The US listings market is poised for a busy week with deals that will test investors' appetite for high-growth - but lossmaking - companies. Eight new listings are scheduled for this week, the most since October of 2016,

  4. Hedge funds holding Puerto Rico bonds are looking at a long battle[more]

    Komfie Manalo, Opalesque Asia: Hedge funds which bought Puerto Rico's distressed debt bonds are facing the prospect of a long road ahead to recover their investments as the Caribbean island is attempting to use a U.S. Congress-approved rule that allows it to exploit a bankruptcy-like proceedings

  5. Aris Wealth' quant indices fare well[more]

    Benedicte Gravrand, Opalesque Geneva: Last year, Geneva-based Aris Wealth Management launched indices sponsored by Societe Generale Corporate & Investment Banking. These indices replic