First year hedge fund analyst salary in Hong Kong?
Just want to gauge what is a reasonable base salary range and what is a competitive range for Hong Kong first year analyst? Would 100k be on the lower side?
$100k is on the lower side, but need a lot more info.
Is this for an experienced hire?
what type of fund?
aum?
etc
I have 3-4y experiences currently in the sell-side after university, but no HF experience
fund's AUM is ~1-2.5B USD
will be relocating from another country for this role
I also thought the offer is on the low side but not sure how much room there is to negotiate, they seem pretty firm on this number when we talked about numbers
no idea what total comp is, but team has 1 PM and 4-5 analysts
As others have said total comp matters a lot more, so you should get clarity in that.
most places will be ~100% of base as bonus. And as was pointed out $200k is fine, below the top funds, but ok for a first year.
different funds will tweak the base numbers depending on how they want to pay you out, so a base number by itself isn’t all that useful.
you should be targeting 200-300k all in (I would say that is average for a good fund as a first year).
What is wrong with a salary of 100k for a first year? But you need to quote total comp guidance.
i am an experienced hire with 3-4y experience outside of HF, so this number looks a bit low to me but I don't have any guidelines on the bonus
So $100k base USD and no bonus guideline? You can ask if they target 100% which is standard across the industry, in which case a $200k all-in offer isn't so bad for HK.
that will be something I will ask, thank you
although i strongly think 1st yr will not hit 100%, maybe 50% base
how about Qube？
Credit/distressed fund 3-yr exp all-in last year 320k US equiv . Differs a wide range fund by fund. I know a guy who made PM at 26 if you consistently make profitable trades.
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