Investors need to know what managers earn

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When do a fund manager's salary and bonus become figures it is important for an intermediary to know...

When do a fund manager's salary and bonus become figures it is important for an intermediary to know? With the large amount of job swapping going on among high-profile funds at the moment it looks as if it really would be in the investor's interest to know what some of those numbers are. Hedge funds and specialist funds and boutiques are luring more and more managers away from unit trusts. A recent survey found that the minimum salary for a hedge fund manager is £500,000 and with performance fees available there is the potential for this to increase substantially. And if individuals real...

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