Fund Manager Salary in India ranges between ₹3 Lakhs to ₹93 Lakhs for 2 years of experience to 18 years of experience . Salary estimates are based on 301 latest salaries received from Fund Manager.
The top earner was Ken Griffin, founder of multistrategy giant Citadel. He personally made $4.1 billion — the most any hedge fund manager has ever earned in the history of the Rich List.
Top hedge fund managers take home $13 million or more, with some making over $1 billion in a year during market rallies. However, most earn far less. Compensation is tied to assets under management and performance incentives. Managers typically take home 1-2% management fee and 15-25% of annual returns.
UK leading fund management companies May 2024, by retail funds value. As of May 2024, BlackRock Investment Management (UK) Limited was the leading funds management company in the United Kingdom (UK) in terms of value of retail funds under management.
BlackRock remains the world's largest asset manager overall.
A typical day in the life of a hedge fund manager usually involves constant market monitoring and investment evaluation, along with research and sales work. It is a stressful but ultimately fulfilling role, if you can handle the pressure and stay focused.
Hedge fund managers typically earn above-average compensation, often from a two-and-twenty fee structure. Hedge fund managers typically specialize in a particular investment strategy that they then use to power their fund portfolio's mandate for profits.
The most successful hedge fund managers handle billions of dollars in assets for their clients, and their earnings can reach into the billions as well. In 2023, the highest-paid hedge fund manager was Ken Griffin of Citadel, who earned $4.1 billion.
Rakesh Radheyshyam Jhunjhunwala (5 July 1960 – 14 August 2022) was an Indian billionaire investor, stock trader, and Chartered Accountant. He began investing in 1985 with a capital of ₹5,000, with his first major profit in 1986.
A robust literature describes the incentives and stewardship practices of the “Big Three” asset managers (BlackRock, Vanguard, and State Street Global Advisors), often referring to these asset managers as “passive.” This is so common that the “Big Three,” “index fund,” and “passive manager” are used almost ...
Manchester City's Pep Guardiola tops the of highest paid Prem boss charts, with the six-time title winner on £20m each year. Arsenal manager Mikel Arteta takes home £10m and Aston Villa gaffer Unai Emery is third on £8m.
Compensation spans a huge range at this level because it's linked almost 100% to performance. We gave a range of $500K to $3 million USD in the hedge fund career path article for the “average” PM, with median pay in the high-six-figure-to-low-seven-figure range.
Overall, the consensus is that hedge funds will continue to grow but will adapt to lower fees, greater use of technology, and increased access to retail investors.
As a fund manager, you generally receive a salary plus a bonus based off of the success of your fund. As a hedge fund manager, your firm may make as much as 20% of the returns of the investment, and depending on your seniority and your employer, you receive a portion of that on top of your annual salary.
Fund Manager salaries in India
The estimated total pay for a Fund Manager is ₹30,00,000 per year, with an average salary of ₹15,00,000 per year.
Investment fund managers score highly on extraversion, meaning that they rely on external stimuli to be happy, such as people or exciting surroundings. They also tend to be high on the measure of conscientiousness, which means that they are methodical, reliable, and generally plan out things in advance.
Vanguard is owned by its member funds, which in turn are owned by fund shareholders. With no outside owners to satisfy, this structure ensures business and portfolio management decision focuses squarely on meeting the investment needs of our investors.
BlueCrest Capital Management's co-founder Michael Platt and TCI Fund Management's Chris Hohn are the UK's wealthiest hedge fund managers, according to The Sunday Times' rich list. Platt, who has led BlueCrest Capital Management for more than two decades, has a fortune of £12bn, up by £500m compared with 2023.