For those who work at a hedge fund, what is a typical bonus formula for traders/PMs?
446500
Most of the bonus is distribute by the president of the fund, so there is no formula. Depending on the size of the fund and your performance the bonus will go. I have traders friends that made around 200k in yearly bonus. I heard stories about 1 - 3 million given to head traders, but i dont know anyone personally. Remember that most hedge funds, only have 2-5 employees and manage an average of 20 million dollars.
158204
try bloomberg.com get into hedge fund\n\nkinda tricky...find someone who works for some consultancy firm who have full access to bloomberg.com they can help ya
418707
I' am currently an intern at MORGAN STANLEY. I work with a lot of Financial Advisory/Planners. They get paid through commission and sometimes salary and you can make up to $150,000,  but at the same time you have a quota system to meet. If you don't have more than Million of Dollars invested in your clients portfolio's than your gone.
1114234
Sometimes bank offer "teaser" rates for short times, then drop them.  As best as I understand it, ING did offer 4.75%, but has dropped it to 4.25%.  HSBC is currently offering 4.80%, but will they drop it later?  The Vanguard Prime Money Market Fund currently offers 4.83%.  They don't do teaser rates, but they are not FDIC insured.
308037
The minimum acceptable rate of return.  For hedge funds, if the returns of that fund are below the rate, they don't get compensated.
907319
Without any additional details, one has to assume there are at least 2 series of preferred shares, one paying 5% on par value, which may presently be yielding more or less than 5% depending on whether mkt price of pfd is less than or greater than par ... and the redeemable,  which the company can redeem at par upon a fixed date.\n\nBe careful with the latter, though.  If share is presently trading above par value and redemption date is soon or has already passed, company has right to redeem at par.  Example:  share presently @ 28,50, retraction date coming up soon.  Depending upon interest rates, co might decide to redeem at par which, in this hypothetical example, could be 25.00.  A bad trip.\n\nHow to find out?  Ask the company for details.  Full-service brokers usually have elaborate schedules of preferred shares indicating maturity, redemption, extension & retraction dates.  Unfortunately, these days, some of these schedules are not so elaborate & some leave out important dates, ie the schedule is useless.\n\nThat's why it's best to ask the company.  If all else fails, the prospectus issued at the time of the redeemable preferred share issue will spell out all these details.  You'd find it on EDGAR.  It's a slog to read, though.
28586
Morningstar is a nice resource, but remember it is strictly backwards-looking analysis. Kiplingers is OK but is biased towards no loads. (There is a recent study out in the Journal of Financial Planning {October, 2005} that challenges the idea that index funds always outperform actively managed funds.\n\nHere's what I start with when looking for a fund to fill an asset category:\nPerformance relative to peers\nAsset size (Avoid the bloated funds)\nManager Tenure (Great 5 & 10 year numbers mean little if the manager has only been there for 2 years)\nFee structure\n\nThe important thing to remember is to allocate your assets in a manner in line with your time horizon and risk tolerance and DON'T CHASE PERFORMANCE. This years winners are not usually on the top of the heap next year.\n\nIt is never a bad idea to consult a financial planner, either.
765911
I have been consistently getting about 800% returns per annum (on a £1000/- initial investment - as that was the max I was ready to loose). After 1 year, my balance was £7600/- after withdrawing my initial £1000/- at month 8.\n\nThis was possible by playing the Forex Market at very low risk on the GBP / Yen Exchange rate only. If you are a very systematic person and can control the risk taking urge, you make money. Once you loose the control, you loose your money. What I do is I just do a One Touch over 180 days which are the lowest the system will allow. One of my current investments is as follows:-\n\nOne Touch: Win GBP2000 if, at any time before midnight GMT on 16-MAR-07 [inclusive], GBP/Japanese Yen touches 223.7. \n \nTrade price was GBP1812 (=90% of payout). \nPayout is GBP2000 (=1.1 times trade price). \n\nThe current price of GBP/Japanese Yen is 223.11\nThe market price of GBP/Japanese Yen at the time of purchase of the bet was 222.78 (on 16-Nov-2006)\n\nThus over a period of max 15 days, the rate will be touched and I will get a profit of £188/-. This will be added in my account. The quickest profit has been in 2 days previously and the longest have been 20 days. This is very low risk. I do not understand how they can afford that. We need to take care that the bet is placed when the daily trend is downwards. It works but only if we do not become gready.\n\nDo register and try them out. They also give you £10/- free (after 15 days when you have done your address validation). So you can play and try with that amount and later inverst only after you are sure. Minimum investment to make a return ae about £9.20 pence so you may initially make only 80 pence or so profit every few days if you do not put in any of your own money. I enclose my referal link but I will not earn any referal commision if you follow my strategy as they give a commision only if the payout is greater than 80%.\n\nWell best of luck
555512
It can be a little more complicated.  \n\nT+3 is simply a trade that settles "Regular way".  Usually all broker dealers require trades settle regular way (T+3)  However, if a purchaser cannot pay for a trade by T+3 the Broker Dealer (on behalf of the purchaser/client) can request a 2 day extension! \n\nReg T (Regulation T) states that a trade should be paid for before the fifth business of the purchase (T+5). \n\nthe Broker dealer executing the trade is not actually breaking any regulations until after the fifth day.  Meaning if the client doesn't pay for a trade by T+5 the B/D is not in compliance with the SEC.  BD's usually wait until T+5 to sell an unpaid position. Then they will look to the client to pay any losses.\n\nsome mutual funds and treasury positions settle T+1.  Equities do not.
767113
do you mean my answer 1M in 167 trading days?\n\nYou may contact me by e-mail vp_invest@yahoo.c..
1168169
Goose is right. The formula is:\n\nFV = P x e^(r x y) \n\nwhere FV = Future Value; P is your principal, r is the annual interest rate and y is the number of years of continuous compounding and e = lim(n-->inf) of (1+1/n)^n\n= 2.7182818.(about)\nHere's link which explains it quite well and also has a periodic/continuous calculator to fool around with.\n\nhttp://www.moneychimp.com/articles/finworks/continuous_compounding.htm
205899
Many approaches:\n\n1) Discount cash flow method. Work out all the projected free cash flows of the company and then do a dcf on it. The key is not in doing up the model - the key is in your assumptions (as in all models);\n\n2) Multiples - look for a listed company in a similar industry and use a EBITDA multiple to find out an approx value. Check yahoo finance - it is rather good for info finding;\n\n3) Asset valuation method - not as accurate as the above but add up all the assets of the company. Note that the sum may be worth more than each piece if all is functioning together well;\n\n4) replacement value - check out the market values of all the assets and value that. \n\n5) Net Asset Value - Assets minus liabilities for a really general ballpark figure. \n\nI generally use 1 & 2. 3-5 are just very general guides.
919781
No.  The formula is much more complex.  For a two-asset portfolio, the variance of the portfolio, vp, will be a function of the proportions invested in the assets (x1 and x2), their return variances (v1 and v2), and the covariance between their returns (c12):\n\nvp = ((x1^2)*v1) + (x2^2)*v2) + 2*x1*x2*c12 \n\nWith 20 assets, the formula will be even more confusing (about 20 times so).  \n\nYou need to employ an alternative strategy.  Build a time series of your portfolio value, compute periodic changes in that value, and calculate standard deviation of that change.
259004
The formula for future value of an annuity is\nFV = pymt((1+i)^n - 1)/i\nwhere FV is the future value, pymt is the payment, i is the periodic interest rate, and n is the number of payments made.\npymnt = 4600\ni = .0873/4 = .021825 because it is quarterly\nn = 6(4) = 24 because you're making 4 payments a year for 6 years\nFV = 4600((1+.021825)^24 - 1)/.021825\n= 143099.60
152027
Hi - I'm a trader...Highest Return?\n\nStocks won't because they require you to put forward the full amount of capital. Hedge Funds - you have little control over what they invest in - and i doubt they can match any professional trader's returns!\n\nYou're left with futures/forex and options. I don't have experience with futures so I can't comment but forex dealers give you a leverage of 100:1. You only need to put in 1% of capital in your trading. What does that mean?? well percentage wise your returns will be phenonemal. You can achieve the same leveraged affect with options as well as this instrument called CFDs.
1169769
When you exercise Incentive Stock Options (ISOs) and sell them immediately, you recognize ordinary income. So you will have income of 4000 x $8 = $32,000, which will be taxed at ordinary rates.\n\nOn the shares you do not sell, if you hold them for two years from the date or grant and one year from the date of exercise, you will qualify to recognize the income from the sale as long-term capital gain. However, you recognize income for purposes of the Alternative Minimum Tax at the time of exercise. So, 16,000 x $8 = $128,000 will be added to your AMTI. If you pay AMT because of this, you may get part of it back, as a credit, in later years, because when you sell the 16,000 shares it will be a reduction to your AMTI.
255060
Great resource--\n\nhttp://en.wikipedia.org/wiki/Black-Scholes_formula\n\nthen, go to help section of excel and/or this page full of formulae:\n\nhttp://www.prenhall.com/financecenter/html/new_titles/foistud.html