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From Komfie Manalo, Opalesque Asia:

With reports confirming the hedge funds industry continues to turn participate in market recovery with performance last hear, hedge fund professionals are expecting at least 10% increases in their total annual compensation (notwithstanding big year-end bonuses). This information was published in the latest 2011 Hedge Fund Compensation Report, which interviewed hundreds of hedge fund managers and employees.

In a press statement, the report noted that while the global economy is recovering at a much slower rate, the hedge fund industry was on a roll in 2010 and the majority (or 53%) of those interviewed by the survey expect to receive total annual pay of $326,00, a 9.2% rise from last year’s average annual compensation of just under $300,000.

The majority of hedge fund professionals also anticipate their funds to significantly outperform 2009 numbers. In last year’s report, that 8% of those surveyed said their funds would be down 25% or more over 2008 returns. This year, not a single respondent expects that level of decline. The study noted that only 3% of hedge fund professionals expect negative returns and nearly half expect double-digit return levels.

Their enthusiasm is supported by the fact that Singapore-based hedge fund data provider Eurekahedge ......................

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