What exactly does a hedge fund manager do?

What is a hedge fund manager?

  • What does a hedge fund manager do. How long does it normally take to become one and what is the beginning salary

  • Answer:

    Hedge funds operate outside the US. They take investments from only the richest investors--usually $1 million minimum. They charge very high fees for handling this money--more than US mutual funds do. They take higher risks by using strategies others consider sophisticated--or crazy, depending. You have to start a hedge fund, not get hired to run one, so get a few million dollars and then good luck convincing the mega-rich to let you handle their money too.

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