Sat, Feb 25, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

CEO tops large fund of funds compensation – Infovest21

Friday, December 07, 2012

Benedicte Gravrand, Opalesque Geneva: - Infovest21, a New York-based information provider, found in a just-released survey that the CEOs of large funds of funds earn the most - although not as much as in 2011.

In its Eleventh Annual Compensation Survey for Funds of Funds with Assets Over $1 Billion, Infovest21 found the Chief Executive Officer (CEO) was the top position with an average compensation of $958,000. The Chief Operating Officer's average total compensation was second highest at $631,000.

Furthermore: - Five positions earned between $300,000 and $499,000: Chief Risk Officer (CRO), Chief Investment Officer (CIO), Director of Research, Director of Sales & Marketing, and Compliance Director.

- Six positions earned between $200,000 and $299,999: Senior Analyst, Chief Financial Officer, Operational Due Diligence, Controller, Client Services and IT.

- Four positions earned between $100,000 and $199,999: Director of Investor Relations, Fund Accountant, Mid Level Analyst and Junior Analyst.

Lois Peltz, president of Infovest21, observed that, compared to 2011, CEOs and CROs had a lower total compensation in 2012 while the CIOs and CFOs had a higher compensation. Investment positions received by and large lower compensation, and sales, marketing and investor relations positions generally had higher compensation.

The typical fund of funds who responded to the survey ......................

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. Legal - Fannie, Freddie shares dive after U.S. appeals court ruling[more]

    From Reuters.com: Shares of Fannie Mae and Freddie Mac tumbled more than 30 percent on Tuesday after a U.S. appeals court shut down efforts by hedge funds and other investors to pursue numerous legal claims accusing the U.S. government of seizing their profits following taxpayer bailouts. By a

  2. Institutional investors plan to raise allocations to alternative assets in 2017[more]

    Komfie Manalo, Opalesque Asia: A survey by Context Summits Miami showed that nearly 72% of institutional investors and family offices plan to raise their allocations to alternative asset managers this year, suggesting continued strong demand for the industry. "As many large, brand name f

  3. Comment - Mortgages, mergers and hedge fund fees, Fairholme's Berkowitz responds to court ruling against hedge fund suits of Fannie Mae[more]

    Mortgages, mergers and hedge fund fees From Bloomberg.com: Yesterday the U.S. Court of Appeals for the D.C. Circuit handed down an odd decision in a lawsuit over the government's nationalization of Fannie Mae and Freddie Mac. The key issue is what's called the "Third Amendment," the 2012

  4. Investing - Hedge funds continue to chase the herd in record Momentum wager, Marshall Wace bets grocer Sainsbury may need rights offering, Hedge fund net exposure has started to retreat, David Tepper's Appaloosa fund makes a huge buy, The 10,000-mile journey to Short Australia, Skeptical hedge fund investors grill Evan Spiegel about Snap's I.P.O.[more]

    Hedge funds continue to chase the herd in record Momentum wager From Bloomberg.com: Hedge funds can't get enough of momentum - even if it means embracing an investing strategy they hate. Loosely defined as betting on shares that went up the fastest over the preceding nine-to-12 months, h

  5. Opalesque Exclusive: Swiss investors take fund seeding and acceleration into their own hands[more]

    Benedicte Gravrand, Opalesque Geneva: Banque Bonhote, a 200-year old Swiss private bank, last year launched a community of investors - heads of Swiss family and advisory offices and wealth managers - with the aim of co-investing in the kind of managers they wanted to invest in, either by way of s