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The differences between hedge fund managers and investment fund managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a hedge fund manager and an investment fund manager. Additionally, a hedge fund manager has an average salary of $135,399, which is higher than the $115,892 average annual salary of an investment fund manager.
The top three skills for a hedge fund manager include hedge funds, derivative and private equity. The most important skills for an investment fund manager are investment management, securities, and financial statements.
| Hedge Fund Manager | Investment Fund Manager | |
| Yearly salary | $135,399 | $115,892 |
| Hourly rate | $65.10 | $55.72 |
| Growth rate | 10% | 17% |
| Number of jobs | 2,225 | 10,388 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 71% |
| Average age | 47 | 47 |
| Years of experience | 10 | 10 |
Hedge fund managers and investment fund managers have different pay scales, as shown below.
| Hedge Fund Manager | Investment Fund Manager | |
| Average salary | $135,399 | $115,892 |
| Salary range | Between $70,000 And $261,000 | Between $66,000 And $201,000 |
| Highest paying City | Rochester, NY | San Francisco, CA |
| Highest paying state | New York | Alaska |
| Best paying company | Kforce | UBS |
| Best paying industry | Insurance | - |
There are a few differences between a hedge fund manager and an investment fund manager in terms of educational background:
| Hedge Fund Manager | Investment Fund Manager | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 71% |
| Most common major | Finance | Finance |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between hedge fund managers' and investment fund managers' demographics:
| Hedge Fund Manager | Investment Fund Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 74.2% Female, 25.8% | Male, 77.9% Female, 22.1% |
| Race ratio | Black or African American, 7.6% Unknown, 4.7% Hispanic or Latino, 12.8% Asian, 9.0% White, 65.2% American Indian and Alaska Native, 0.7% | Black or African American, 7.6% Unknown, 4.7% Hispanic or Latino, 12.7% Asian, 9.0% White, 65.4% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 10% | 10% |