Hedge Fund Salaries: How Much Does Hedge Fund Pay In 2024? - Zippia (2024)

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Hedge Fund Salaries: How Much Does Hedge Fund Pay In 2024? - Zippia? ›

Hedge Fund salaries range between $58,000 a year in the bottom 10th percentile to $172,000 in the top 90th percentile. Hedge Fund pays $48.12 an hour on average. Geographic location also impacts Hedge Fund salaries.

As of Apr 14, 2024, the average annual pay for a Vice President Of Hedge Funds in the United States is $157,532 a year. Just in case you need a simple salary calculator, that works out to be approximately $75.74 an hour. This is the equivalent of $3,029/week or $13,127/month.

In 2023, the highest-paid hedge fund manager was Ken Griffin of Citadel, who earned $4.1 billion. He was followed by Izzy Englander of Millennium Management, who earned $3.2. billion.

How much does a Cfo Hedge Fund make? As of Apr 14, 2024, the average annual pay for a Cfo Hedge Fund in the United States is $157,532 a year. Just in case you need a simple salary calculator, that works out to be approximately $75.74 an hour. This is the equivalent of $3,029/week or $13,127/month.

How much does a Hedge Fund Coo make? As of Apr 15, 2024, the average annual pay for a Hedge Fund Coo in the United States is $121,798 a year. Just in case you need a simple salary calculator, that works out to be approximately $58.56 an hour. This is the equivalent of $2,342/week or $10,149/month.

The business school's most recent data reveals that hedge funds pay more than private equity or investment banking.

How much does a vice president of a hedge fund make in NYC? ›

As of Apr 4, 2024, the average annual pay for a Vice President Hedge Fund in New York City is $156,666 a year. Just in case you need a simple salary calculator, that works out to be approximately $75.32 an hour. This is the equivalent of $3,012/week or $13,055/month.

The top individual Portfolio Managers can earn hundreds of millions or billions each year. Hedge funds offer a much higher pay ceiling than investment banking, (sometimes) better hours and work/life balance, and the chance to do more interesting work.

The average Investment Banking Vice President base salary at Morgan Stanley is $199K per year.

degree in finance is ideal for a variety of hedge fund jobs, but your major will matter. Bachelor of Science degrees in mathematics, accounting, physics, computer science, and even engineering are also useful, given the recent rise in algorithmic trading.

Reality: High Stress and Potentially Constant Long Work Hours. Depending on the type of fund, you could work long hours especially when you are just starting. There is a reason why people say at hedge funds your first 6 months is like “drinking from a fire hose.” The role is unlike investment banking or private equity.

Historically, top-performing hedge funds have generated annual returns ranging from single digits to over 20%, depending on their strategies and market conditions. However, these figures can fluctuate, and there are no guarantees of future performance.

Historical studies show that as hedge funds tend to perform well during periods of high, stable interest rates, survey respondents have upgraded their return targets since 2022 to 9.06% from 7.45%, marking the highest such level in more than 10 years as they expect moving into a high stable rate environment.

Reality Check: S&P 500 Outperforms Hedge Funds 🚀

Data shows that hedge funds consistently underperformed the S&P 500 every year since 2011. The average annual return for hedge funds was about 4.956%, while the S&P 500 averaged 14.4%.

To invest in hedge funds as an individual, you must be an institutional investor, like a pension fund, or an accredited investor. Accredited investors have a net worth of at least $1 million, not including the value of their primary residence, or annual individual incomes over $200,000 ($300,000 if you're married).