[Photo: guy dugas / pixabay]

All-in-all, it wasn't a bad year compensation-wise for hedge fund managers.  Though many funds performed 'out of the money', managers and analysts of these funds profited handsomely.

For hedge fund portfolio managers, the difference between working at a top-performing fund and one that is a bottom-dweller is a cool $6 million, recently released data reveals. For hedge funds with asset of at leaset $4 billion, Glocap Search, a NY-based financial recruiting firm, found that:

• Cream of the crop portfolio managers can expect total compensation of $6.8Mn in 2016;
• Less successful peers aren’t even expected to crack $1 million, raking in only $740K;
• So-so managers can expect to take home $2.2Mn.

Funds that were among the best performers through 9/30/16 were up an average 15%, while the poorest funds kept getting poorer, falling an average of 7% - a 22% difference. Last year, that gap was 20.3%.

This year, the best senior analysts, a rung below portfolio managers, are expected to make $1.5 million, roughly 3 times as much as their weaker counterparts.