Hedge-funds
Материал из campus.mephi.ru
Hedge fund management firms are typically owned by their portfolio managers, who're consequently entitled to any sales that the company makes. As management fees are designed to cover the firm's operating expenditures, functioning fees (and any excess management fees) are normally distributed to the firm's owners as profits. A great number of managers also provide large stakes in their own funds.
Very top hedge fund managers generate what has been termed "extraordinary" amounts of revenue, with the highest-grossing getting up to $4 billion per year. Earnings towards the top are far higher than in any other sector of the financial industry. "They wouldn't even consider getting off the bed for the $13m (£8m) Goldman Sachs' boss Lloyd Blankfein was paid recently," writes Richard Anderson, a BBC Business reporter. Together, the top Twenty-five hedge fund managers constantly earn greater than all Five-hundred of the chief executives in the S&P 500. A good number of hedge fund managers are remunerated considerably less, however, and the competitiveness of this marketplace, as well as the structure of financial incentives, shows that failure can result in not getting compensated. The BBC quotes a business expert who says "a substantial amount of managers are not making any cash at all."
In 2011, the top manager acquired $3,000m, the 10th received $210m and the 30th earned $80m. In 2011, the standard earnings for the Twenty five best compensated hedge fund managers in america was $576 mil. Determined by Absolute Return + Alpha, in 2011 the mean total compensation for all hedge fund investment experts was $690,786 and the median compensation was $312,329. The identical figures for hedge fund CEOs were $1,037,151 and $600,000, and for chief investment officers were $1,039,974 and $300,000.
Of the 1,226 men and women on the Forbes World's Billionaires list for 2012,[43] 36 of the financiers listed "derived significant chunks" of these money from hedge fund management. Among the many richest 1000 people in the United Kingdom, 54 were hedge fund managers, as reported by the Sunday Times Rich List for 2012. (Funds usually do not tend to review compensation. Released lists of the amounts received by top managers use estimates depending on variables such as the costs charged by their funds and the capital they are believed to have committed to them
Running a hedge fund could be an appealing professional career option due to its potential to be extremely worthwhile. To be successful, a hedge fund manager must think about how to have a aggressive edge, a clearly classified investment method, appropriate capitalization, a marketing and sales approach and a risk management strategy. Today, many hedge-fund managers find a way to hail from Wharton or, better yet, Goldman Sachs, these days a kind of hedge-fund farm team. (Pirate Capital founder Tom Hudson, 38, had passed through Goldman Sachs, where he gained an assured $1 million a year.) Having said that, one independent filmmaker founded a hedge fund with his dad, a psychiatrist, and raised $2 million.
