--- title: Hedge Funders Expected to Take Salary Hit This Year, Will Likely Still Earn More Than You description: Portfolio managers may see up to a 34% decrease in pay as more consumers flee high-fee products. authors: - name: Alicia Adamczyk url: https://money.com/author/alicia-adamczyk/ at_money_since: 2015 articles: 201 covers: - Career Advice - Banking - Business - Credit Cards - Economy and Politics - Education - Housing - Identity Theft - Insurance - Investing - Lifestyle - Loans - Personal Finance - Retirement - Shopping - Taxes - Technology social: - https://x.com/aliciaadamczyk former_staff: true published: '2016-10-20T16:18:38.000Z' modified: '2024-02-23T09:59:45.000Z' section: Career Advice tags: - pubdesk - wall street - Workplace word_count: 214 canonical: https://money.com/hedge-fund-salaries-lower/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![businessman with a headache](https://img.money.com/2016/10/gettyimages-498426384.jpg) Break out the world's tiniest violin: It appears that some hedge funders may have to hold off on purchasing that second home on Nantucket for the time being. According to job recruiter Odyssey Search Partners, portfolio managers may see up to a 34% decrease in pay, [*Bloomberg* reports](http://www.bloomberg.com/news/articles/2016-10-20/hedge-fund-managers-expect-massive-34-pay-cut-survey-says), as more and more consumers flee fee-riddled funds for low-cost products. During the first seven months of the year, investors yanked $60 billion out of hedge funds, [according to data firm eVestment](http://www.cnbc.com/2016/08/25/hedge-funds-see-largest-outflows-since-2009.html). The big winners: passive mutual funds and ETFs, which have gained nearly $1.3 trillion over he past three years, winning converts from both actively managed mutual funds and hedge funds, [according to the Wall Street *Journal.*](http://www.wsj.com/articles/the-dying-business-of-picking-stocks-1476714749) ***Read More: The Hedge Fund Industry Is Shrinking*** Per the *Bloomberg* survey, total compensation for professionals with at least seven years of experience will decrease by 14% on average this year. The cuts will come in the form of bonus pay: Firms performing below average will pay an average of around $288,000 per year, while better-performing firms will pay almost $400,000. And the most junior hedge funders are not likely to feel the belt-tightening at all: Those with less than three years of experience are still expected to see a 10% increase in pay on average, to $321,000. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/hedge-fund-salaries-lower/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Career Advice", "item": "https://money.com/career-advice/" }, { "@type": "ListItem", "position": 3, "name": "Salaries and Wages", "item": "https://money.com/salaries-and-wages/" }, { "@type": "ListItem", "position": 4, "name": "Hedge Funders Expected to Take Salary Hit This Year, Will Likely Still Earn More Than You" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/hedge-fund-salaries-lower/#webpage", "url": "https://money.com/hedge-fund-salaries-lower/", "name": "Hedge Funders Expected to Take Salary Hit This Year, Will Likely Still Earn More Than You", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2016-10-20T16:18:38.000Z", "mainEntity": { "@id": "https://money.com/hedge-fund-salaries-lower/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/hedge-fund-salaries-lower/#breadcrumb" }, "dateModified": "2024-02-23T09:59:45.000Z" }, { "@type": "Article", "headline": "Hedge Funders Expected to Take Salary Hit This Year, Will Likely Still Earn More Than You", "articleSection": "Career Advice", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2016/10/gettyimages-498426384.jpg", "width": 5760, "height": 3840, "caption": "businessman with a headache" } ], "author": [ { "@type": "Person", "name": "Alicia Adamczyk", "url": "https://money.com/author/alicia-adamczyk/", "@id": "https://money.com/author/alicia-adamczyk/#author", "image": "https://img.money.com/2016/01/alicia-headshot-2.jpg?quality=85&w=640&h=640&crop=1", "email": "alicia.adamczyk@moneymail.com", "sameAs": [ "https://x.com/aliciaadamczyk" ] } ], "publisher": "https://money.com/#organization", "datePublished": "2016-10-20T16:18:38.000Z", "description": "Portfolio managers may see up to a 34% decrease in pay as more consumers flee high-fee products.", "abstract": "Portfolio managers may see up to a 34% decrease in pay as more consumers flee high-fee products.", "@id": "https://money.com/hedge-fund-salaries-lower/", "inLanguage": "en-US", "dateModified": "2024-02-23T09:59:45.000Z", "wordCount": 214, "keywords": [ "pubdesk", "wall street", "Workplace" ], "about": [ { "@type": "Thing", "name": "Career counseling", "sameAs": [ "https://en.wikipedia.org/wiki/Career_counseling" ] }, { "@type": "Thing", "name": "Wages and salaries", "sameAs": [ "https://en.wikipedia.org/wiki/Wages_and_salaries" ] } ] } ] } ```