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The title is incorrect and very misleading. This is not "salary" for hedge fund managers, it's total income. I couldn't find the exact breakdown, but for the g
by toth 10y ago
The title is incorrect and very misleading. This is not "salary" for hedge fund managers, it's total income.
I couldn't find the exact breakdown, but for the guys at the top of the list, most of the income is not compensation for being a manager, it's returns for the money they had invested in their own funds. It's not a coincidence that the guys at the top of the list are the ones that manage funds that had a good 2015.
To see a better breakdown look at the 2016 rich list at
http://www.institutionalinvestorsalpha.com/Article/3552805/The-2016-Rich-List-of-the-Worlds-Top-Earning-Hedge-Fund-Managers.html http://www.institutionalinvestorsalpha.com/Article/3552805/T...
Note the following paragraph:
In a year when roughly half of all hedge funds lost money, a
number of frequent Rich List members are conspicuously missing
from the ranking because their funds finished in the red.
So for guys previously in this list their "salary" for 2016 was negative.