Balyasny Asset Management Salary Ranges and Industry Trends

Balyasny Asset Management is a leading global investment firm that offers a range of investment solutions to its clients.

The company has a strong reputation for its investment expertise and has attracted top talent from the industry. Salaries at Balyasny Asset Management are competitive and reflective of the firm's commitment to attracting and retaining the best professionals in the field.

According to various sources, the average salary for a portfolio manager at Balyasny Asset Management is around $200,000 to $300,000 per year. This is significantly higher than the industry average, reflecting the firm's focus on delivering exceptional returns for its clients.

Balyasny Asset Management's salary ranges are influenced by factors such as location, experience, and performance.

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A Portfolio Manager at Balyasny Asset Management Lp can earn an average annual salary of $127,903 as of January 2025. This translates to approximately $61 per hour.

Salaries for Portfolio Managers at Balyasny Asset Management Lp typically range from $110,263 to $150,744. This wide range reflects the diverse roles within the company.

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Geographic location, departmental budget, and individual qualifications can significantly impact a Portfolio Manager's salary. Years of experience, specific skill sets, educational background, and relevant certifications are key determinants.

The salary range provided is an estimation derived from a proprietary algorithm, not factual payroll records or survey data. It's essential to consider these variables for a more tailored salary estimate.

Balyasny Asset Management is known for its generous salaries, with average pay increasing from £659k in 2021 to £1m in 2022.

In 2020, Balyasny Europe Asset Management spent £122m remunerating its 94 UK employees, resulting in an average payment of £1.3m per head.

This generous pay scale is not limited to 2020, as Balyasny's average London pay in 2022 was £1m, a significant increase from the previous year.

Balyasny's wage bill doubled in 2022, reaching £1m per employee, making it one of the top-paying hedge funds in London.

The fund's revenue also saw a substantial increase, from £143m in 2021 to £375m in 2022, contributing to the growth in average pay.

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Balyasny's focus on hiring quants is a significant shift from its historic focus on long-short equity, which may indicate a change in the fund's investment strategy.

The fund's global headcount increased by 68% in 2022, with 266 people employed in London alone, and it's expected to continue hiring in 2023.

Balyasny's current focus on quants is a promising area, as Winton Capital Management, a quant fund, had a similar pattern of success, increasing revenue nearly five-fold and doubling its average pay.

To succeed at Balyasny Asset Management Lp, you'll need a strong foundation in several key skills. Analysis is crucial, as it involves carefully considering information or using statistical methods to understand it or explain it.

To excel in portfolio management, you'll need to balance the implementation of change initiatives with the maintenance of business-as-usual, all while optimizing ROI. This involves selecting, prioritizing, and controlling programs and projects.

Underwriting is another essential skill, particularly in large financial institutions. It involves guaranteeing payment in case of damage or financial loss and accepting the financial risk for liability arising from such guarantee.

Effective leadership is critical at Balyasny Asset Management Lp, as it involves employing strategies that motivate and guide other members within the business to achieve optimum results.

Project management is also a vital skill, requiring the application of processes, methods, skills, knowledge, and experience to achieve specific project objectives within agreed parameters and a finite timescale and budget.

Here are the key skills needed at Balyasny Asset Management Lp: