Investment fund managers - Vault (2024)

FAQs

What does an investment fund manager do? ›

Investment fund managers are responsible for planning, directing, or coordinating investment strategies to benefit their clients, companies, or others they serve.

Job Outlook

Employment of financial managers is projected to grow 16 percent from 2022 to 2032, much faster than the average for all occupations. About 69,600 openings for financial managers are projected each year, on average, over the decade.

Key Takeaways

Hedge funds make money as part of a fee structure paid by fund investors based on assets under management (AUM). Funds typically receive a flat fee plus a percentage of positive returns that exceed some benchmark or hurdle rate.

Fund Manager salary in India ranges between ₹ 3.0 Lakhs to ₹ 93.0 Lakhs with an average annual salary of ₹ 30.3 Lakhs. Salary estimates are based on 273 latest salaries received from Fund Managers.

Investment Manager salary in India ranges between ₹ 2.8 Lakhs to ₹ 35.0 Lakhs with an average annual salary of ₹ 7.0 Lakhs.

Key Takeaways

Most mutual fund managers get a base salary each year, plus other forms of compensation that bring them well beyond that. Compensation comes from a base salary, fulcrum fees, deferred compensation plans, equity and stock options, performance bonuses for the company and teams, and nonmonetary benefits.

Fund managers are paid a fee for their work, which is a percentage of the fund's average assets under management (AUM). They can be found working in fund management with mutual funds, pension funds, trust funds, and hedge funds.

Long hours, intense competition, divorce, stress, and even substance abuse – these are some of the issues that can typically affect portfolio managers. In the office, they face volatile global markets, increased regulation, and client demands; outside, they're expected to be reliable spouses and good parents.

‍Advisor (Management) Fees

The industry typically refers to this as an investment management fee and averages between 1-2% of assets (i.e. A $100,000 investment could cost you between $1,000 - $2,000 annually).

Who is the largest investment manager? ›

BlackRock, Inc. is an American multinational investment company. It is the world's largest asset manager, with $10 trillion in assets under management as of December 31, 2023. Headquartered in New York City, BlackRock has 78 offices in 38 countries, and clients in 100 countries.

At smaller, single-manager funds, the average might be 10-12 hours per day, for a total of 50-60 hours per week (weekend work is rare). As you move to larger, multi-manager funds, the hours and stress get worse, so the average may be more like 60-70 hours per week.

Hedge funds make money by charging a management fee and a percentage of profits. The typical fee structure is 2 and 20, meaning a 2% fee on assets under management and 20% of profits, sometimes above a high water mark. For example, let's say a hedge fund manages $1 billion in assets. It will earn $20 million in fees.

Who Is the Richest Hedge Fund Manager? Ken Griffin of Citadel is both the richest hedge fund manager and the highest paid. In 2022, he earned $41. billion, and by the beginning of 2023 his net worth was estimated at $35 billion.

BlackRock manages US$38bn across a broad range of hedge fund strategies. With over 20 years of proven experience, the depth and breadth of our platform has evolved into a comprehensive toolkit of 30+ strategies.

Deciding what companies to invest in, putting together a portfolio that suits the mandate of a client, managing it, and making sure it fits the risk tolerance of the client. And lastly servicing institutional clients and distributors.

What Is the Difference Between an Investment Manager and a Fund Manager? Investment managers focus primarily on individual securities and bond investments while fund managers work with mutual funds comprised of multiple securities and assets, often tailored to a particular market sector.

As a fund manager, you generally receive a salary plus a bonus based off of the success of your fund. As a hedge fund manager, your firm may make as much as 20% of the returns of the investment, and depending on your seniority and your employer, you receive a portion of that on top of your annual salary.