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Hedge fund managers don't always beat the market, but their compensation stays on top
Published Tue, May 16, 2017 · 09:50 PM
New York
GOOD performance, mediocre results or even downright ugly returns. When it comes to hedge funds, it scarcely matters. Even as some investors begin to sour on these high-priced stock pickers, the top fund managers still haul in enormous paychecks.
The 25 best-paid hedge fund managers earned a collective US$11 billion in 2016, according to an annual ranking published on Tuesday by Institutional Investor'sAlpha magazine.
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