Sat, Apr 19, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge fund professionals are the best paid in the asset management industry

Tuesday, December 04, 2012

Beverly Chandler, Opalesque London: Greenwich Associates and Johnson Associates have conducted a new study that reveals that evolving compensation standards could widen the divide between traditional asset management companies and hedge funds. The study says: "Hedge funds will remain most flexible when it comes to setting compensation packages".

The study also found that base salaries for asset management professionals are projected to increase 3.5% and incentive pay is projected to rise by 0-10% from 2011 to 2012.

"Those results reflect an industry that, like the economy and financial markets in general, is slowly regaining strength but lacks conviction and awaits a more robust recovery," says Greenwich Associates Analyst Kevin Kozlowski.

The new study, entitled "2012 U.S. Asset Management Compensation," examined compensation results for traders, head traders, portfolio managers, and analysts working in fixed income and equities for traditional asset management firms and hedge funds.

Hedge fund professionals emerged as the best paid, according to the study, with, in 2011, hedge fund professionals earning approximately 1.8 times the amount taken home by their counterparts in traditional asset management firms. "In fixed income, that differential was actually down from 2010, when hedge fund professionals out-earned employees of traditional management companies by 2.4 times. For equity profes......................

To view our full article Click here

Banner
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. Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A

  4. Opalesque Exclusive: Pensions, endowments, family offices reconsider life settlement investments[more]

    Bailey McCann, Opalesque New York: Hedge funds were once the largest investors in the life settlement industry, now the industry is seeing more interest from pensions, endowments and family offices directly. Life settlements have always been considered a niche part of the investing landscape, an

  5. SEC allows investment funds to use social media[more]

    Bailey McCann, Opalesque New York: The Securities and Exchange Commission (SEC) has released new guidance letting investment funds and advisors use social media to promote client reviews. The guidance seeks to assist investment managers in developing compliance policies and procedures reasonably