Hedge Fund Managers Are Making Big Pay Increases

Those in the investment community got a hefty raise in 2017. The median money manager was paid $350,000 in 2017, according to a survey by SumZero, an online community for investors. That's up from $300,000 in 2016, and marks the largest pay increase since 2012. Most people perceive hedge funds as big multi-billion dollar money-making-machines, but thousands exist, many of which are small and obscure.