This follows from the chart of hedge fund earners I posted here. Where possible I have matched the salaries to the performance of their funds I then matched this to the performance of the S&P500 Total Return Index. I used the S&P500TR Index because it is the most widely used benchmark in the industry. Where a hedge fund had more than one fund available for investing I picked the highest returning fund as the basis for comparison.
Those who outperformed the benchmark are coloured green whereas those who underperformed are coloured red.
It is fairly obvious that the industry as a whole is overcompensated for underperformance,
I looked up Israel Englander on Wikipedia (be gentle with me) and found the following:
“In March 2019, he was named one of the highest-earning hedge fund managers and traders by Forbes”.
Seems like a bit of a disconnect somewhere. Or something is amiss in the State …….
Bill