Comp expectations for this L/S fund
I'm an IBD analyst interviewing with a L/S equities fund with £100-200m AUM in London. They have an investment team of 4 people.
1 PM and 3 research/investment analysts.
They're hiring for another research/investment analyst. What comp could I expect for this position? Thanks
Analyst 3+ in IB - Ind, pure crickets, that's where I come in. Any of these useful?
More suggestions...
Fingers crossed that one of those helps you.
Interested.
Given the size of AUM it could be anything really, but GBP 70k base plus 50%-100% bonus would seem reasonable for a L/S analyst with no investment experience. A lot will depend on how generous the CIO/PM is.
Thanks, that's a lot lower than I expected. I was hoping it would match IBD associate pay of £90k base. Would it be normal for my bonus to be linked to PnL for a fund like this or would my bonus just be discretionary based on performance and decision of PM?
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