(Bloomberg) Money managers at hedge funds overseeing more than $4 billion will see their pay fall by 9 percent this year as weaker returns lower bonus awards, according to an industry survey.“Lower performance will contribute to lower incentive compensation at many of the industry’s most well established funds,” according to a report from Glocap Search LLC, a New York-based executive-search firm, and data provider Hedge Fund Research.
Hedge Fund Managers’ Paychecks to Shrink 9% Amid Weaker Returns
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