According to a new compensation study, Profit making hedge fund firms will increase incentive compensation by 5% this year with pays climbing back to pre crisis levels.
Investment Pro’s trading equities will be earning a projected $870,000 this year. According to advisers Greenwich Associates and Johnson Associates Inc, those who buy and sell bonds will be carrying home $750,000. The incentive pay will hover around 35 percent below 2007 levels when the global financial meltdown started.
Today the hedge fund assets are about $2.8 trillion, which are $1 trillion more than 2007 levels. This growth is one of the main reasons why experts are predicting that pay will rebound.
For underperforming Hedge fund firms, it could see a 5% fall in incentive compensation as they struggle to attract assets.
The study also highlights the fact that traditional asset managers who get less than their hedge-fund counterparts, is only 6% below pre-crisis levels.cialis without ed