Hedge fund marketers' pay jumps in 2011

A recovery in inflows - at least in the early part of the year - plus a more competitive and institutional-quality market has driven up pay, according to New York headhunters

Fund salesmen take note: in hedge funds, times are good. That's according to headhunters Alpha Search Advisory Partners, whose survey suggests hedge-fund marketers can expect to take home about £439,000 for a year's work in 2011, 20% up on 2010.

The average hedge-fund salesperson was paid £366,000 a year in 2010 in pay and performance bonuses, according to Alpha Search, and the firm is predicting a 15-20% increase this year, based on conversations with 166 senior marketers at hedge funds.

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