Wed, Aug 16, 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. Other Voices: Crisis risk offset; about time?[more]

    This article was authored by Russell Barlow, global head of hedge fund solutions at London-based Aberdeen Asset Management. Like the ubiquitous force of gravity, when financial markets rise they must fall. The quest

  2. Comment: "Long-Term Investing": What managing drawdown risk can do to your long-term returns[more]

    Matthias Knab, Opalesque: Real Investment Advice writes on Harvest Exchange: Last week, I was having lunch with a prospective portfolio management client discussing the curre

  3. Jasper Capital International joins Hedge Fund Standards Board[more]

    Komfie Manalo, Opalesque Asia: Diversified and systematic investment firm Jasper Capital International has become the second China-based signatory to the Hedge Fund Standards Board (HFSB), an organization that brings hedge fund managers and investors together to set standards for the hedge fund i

  4. FinTech - Have you heard of NEO "the Chinese rthereum"? Well it's up 13000% this year, Bitcoin exchange operator sued in Singapore, Robot takeover postponed as quant funds flattened in equities[more]

    Have you heard of NEO "the Chinese rthereum"? Well it's up 13000% this year From Linkedin.com: China is the world's largest market for FinTech by far. But up to this point, it is yet to have a domestic cryptocurrency reach to heights like Bitcoin (BTC) or Ethereum (ETH). That's about to

  5. Investing - Hedge-fund honchos including David Tepper are loading up on Alibaba, Billionaire hedge fund manager Stanley Druckenmiller is betting big on the Chinese consumer, Big-name U.S. hedge funds shed healthcare stocks during the rally in second-quarter, U.S. hedge funds bearish on FAANG stocks in second-quarter, Hedge fund titan Viking Global made a $680 million bet on scandal-plagued Wells Fargo[more]

    Hedge-fund honchos including David Tepper are loading up on Alibaba From CNBC.com: David Tepper's Appaloosa Management and three other he ge funds took new stakes in Chinese e-commerce giant Alibaba in the second quarter, according to the latest quarterly filings. Appaloosa disclos