Billionaire fund manager George Soros earned an estimated $750m through hedge funds last year, making him the highest paid hedge fund manager in 2003.
Research conducted by Institutional Investor reveals just how much money experienced investors can now make on the stock markets – and how much of an impact they potentially have on global markets as Soros’ closest rival was junk-bond (low grade dollar-denominated corporate debt) expert David Tepper, who earned an estimated $510m last year. The average “take-home pay” for the top 25 in 2003 was $207m – almost double the average $110m in 2002. Hedge fund trading is generally seen as a secretive or tight-lipped market because of the speed and sensitive nature of the trading, but II said...
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