I work at a hedge fund (as a dev for an average Dev salary). The pay for head manager seems roughly right, and we're 1bn between about five-ten analysts with one making most of the calls. ( I give a range because some are kind of apart from the fund proper, working on starting new funds by building a performance record.
I think the article might have some survivors bias, you can't say "I'm going to be a hedge fund trader" and equate that to the average income if you survive thirty years. It's cut throat and people burn out or get unlucky, we need the drop out rate. Also quant funds are getting bigger and must have a pretty different compensation scheme.
I think the article might have some survivors bias, you can't say "I'm going to be a hedge fund trader" and equate that to the average income if you survive thirty years. It's cut throat and people burn out or get unlucky, we need the drop out rate. Also quant funds are getting bigger and must have a pretty different compensation scheme.