Stock market bubble leads to lower hedge fund bonuses



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Top executives of hedge funds should see their benefits fall by more than 10% this year. The reason is a weak year for the hedge fund industry, writes the Financial Times.

According to Compiq Consulting, the average salary of senior analysts is expected to increase from 651,000 USD to 2017 to 589,000 USD this year. The decrease is due to lower premiums – these should rise from $ 467,000 last year to $ 384,000 this year.

After a fairly weak year, many hedge funds were knocked out by market volatility in October. The hedge fund index, which tracks the fund type, lost about 3% last month.

"Regardless of the hedge funds, they are actually very correlated to the markets, they are perfectly synchronized, even if they are supposed to represent hedgade," said Adam Zoia, CEO of Compiq, Financial Times.

According to analyst Evestment, global hedge funds averaged -2.6% this year on average

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