Guardian – Hedge fund executives in London saw bonuses plummet last year, resulting in their pay packets being less than half of what they were 12 months ago.
The average bonus paid to a partner or a managing director of a London-based hedge fund stood at £1,236,000 in 2012/13 but this has fallen to £459,000 in 2013/14. Coupled with a decline in base salaries, total compensation packages are down almost £1m to £660,000.
