While it wasn’t a particularly good 2014 for big pension fund earnings, those who managed the funds saw incredible pay! According to the New York Times, the top 25 hedge fund managers reaped $11.62 billion in compensation in 2014. Yes, that’s billions with a “B”!
1. The 2014 compensation of the top 25 hedge managers is down from 2013. By how much in dollars and percentage change?
2. What is the world’s largest hedge fund and what amount of assets do they manage?
3. What has happened to hedge fund investors for the sixth consecutive year?
4. What was the most ironic or interesting part of this article to you?
Stevenson, A. (2015). For Top 25 Hedge Fund Managers, a Difficult 2014 Still Paid Well. The New York Times, May 5 (Retrievable online at http://www.nytimes.com/2015/05/05/business/dealbook/top-25-hedge-fund-managers-took-bad-14-all-the-way-to-the-bank.html?ref=dealbook)