The highest paid hedge Fund managers for the year earned $13 billion

According to the annual rating of Institutional Investor’s Alpha, which refers to Reuters, the total earnings of the 25 most highly paid managers of hedge funds for 2015 amounted to $13 billion.

According to the Agency, despite the fact that investors profit funds last year fell, for included in the rating of governors 25 2015 was a record. The growth of their total remuneration, compared to the previous year was 10%. Five of them earned more than $1 billion each.

First and second place of the rating of Institutional Investor’s Alpha with a reward of $1.7 billion took Kenneth Griffin of Citadel, which began trading in 1980-ies, during his studies at Harvard University, and James Simons of Renaissance Technologies, a former desembalse have started your own Fund in 1982. Their remuneration last year also represented a ten-digit sum, but they were a little less, Reuters reports.

The five most highly paid managers of hedge funds by the end of 2015, also includes Raymond Dalio of Bridgewater (us$1.4 billion), David Tepper of Appaloosa Management ($1.4 billion) and Israel (Izzy) an Englander of Millennium Management (us$1.2).

Remuneration for the year 2015 was a record, “despite the fact that about half of all hedge funds last year lost money,” said Reuters corporate investor Michael Peltz. He added that “about half of the 25 highest-paid hedge Fund managers use investment strategies generated by the computer to obtain investment income.

As noted by Reuters, on average, hedge funds in 2015 lost at the 1% profit.

In February of this year, its ranking of the highest paid hedge Fund managers and traders released by Forbes magazine. The first place it also took Kenneth Griffin. As noted by Forbes, 47 years Griffin for the first time in his 26-year career has earned more than one of the older titans from the world of hedge funds such as George Soros, ray Dalio, Steve Cohen and David Tepper.

In April it became known that in the first quarter of 2016, investors withdrew from hedge funds to a record amount in seven years to $15 billion. This is due to too high Commission, which, in the opinion of investors, asset managers charge for their services.