Sovereign wealth fund with $1m+ salaries is leaking people to hedge funds

If you work for a hedge fund, your salary will typically be low and your bonus will typically be high. In the good times, it therefore makes sense to work for a hedge fund. In the bad times, it’s better to max your salary elsewhere.

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Given that these have been bad times for some hedge funds, it’s interesting to note – then – that people have been leaving the most salary-maxxing employer in the market:  the Abu Dhabi Investment Authority (ADIA).

As we reported last year, ADIA pays salaries of $3m+…