Hedge fund pay continues to zoom

The pay of experienced hedge fund managers has surged past the $1.5 million mark, according to a report from Glocap, Institutional Investor News and Lipper HedgeWorld. Pay has risen about 10 percent to 15 percent over the past year and doesn't take into account profits from equity interests. Less-experienced managers took home $580,000. The strongest growth was in non-manager areas: Compliance officers, risk managers and marketing executives saw their salaries rise about 20 percent. You have to wonder if all this is yet another sign that the hedge fund industry is reaching a peak of sorts. There are an awful lot of funds chasing fewer opportunities. That can't be overlooked. See the next item. Are we at the high water mark?

For more on this:
- Here's an article at Institutional Investor