What's London LO comp like?

Based on the most helpful WSO content, here are some insights into London long-only (LO) compensation for an experienced analyst:

1. General Compensation Data Points:

   • Analyst 1 Compensation in London at a BB: £50k base with around 80% bonus, totaling approximately £90k.
   • Hedge Fund Analyst Compensation: For a distressed HF in London, first-year compensation is about £150,000/160,000 (including bonus).

2. Specific Data Points for LO Analysts:

   • London Analysts Bonuses 2022: An example provided is A1 with a base of £65k and a bonus of £25k, totaling £90k all in.
   • Hedge Funds Compensation (London/EU): A first-year analyst at a distressed HF in London earns around £150,000/160,000 (including bonus).

3. Additional Considerations:

   • Experience and Role: Given your 5 years of experience and the fact that you have your own coverage and make recommendations, you might expect compensation on the higher end of the spectrum.
   • Firm Size and Mandate: Coming from a smaller shop with a £200 million mandate might influence your initial offers, but your experience and role responsibilities should still command a competitive package.

While these data points provide a rough range, actual compensation can vary based on the specific firm, role, and market conditions. For a more precise figure, networking with professionals in the London market or consulting with a recruitment agency specializing in finance roles might be beneficial.

Sources: https://www.wallstreetoasis.com/forum/hedge-fund/london-long-only-compensation?customgpt=1, Hedge Funds COMPENSATION (London/EU), https://www.wallstreetoasis.com/forums/compensation-differential-nyclondon?customgpt=1, London SA 2023 Compensation, London Analysts Bonuses 2022