Investment Manager Salary in Singapore: What You Need to Know

Are you considering a career as an investment manager in Singapore? If so, you may be wondering about the salary prospects in this field. In this blog post, we will explore the average investment manager salary in Singapore and provide you with valuable insights into this lucrative profession.

The Average Investment Manager Salary in Singapore

According to our salary calculator, the average annual salary for investment managers working in Singapore is S$220,000. This figure serves as a useful benchmark for professionals in this industry.

However, it is important to note that the salary for investment managers in Singapore can vary depending on several factors, including years of experience, educational background, and the size and reputation of the firm.

Factors Affecting Investment Manager Salary

1. Experience: As with any profession, experience plays a crucial role in determining the salary of an investment manager. Generally, the more years of experience you have, the higher your earning potential.

2. Education: A strong educational background, such as a degree in finance or a related field, can significantly impact your salary as an investment manager. Employers often value candidates with advanced degrees or professional certifications.

3. Firm Size and Reputation: The size and reputation of the firm you work for can also influence your salary. Established and prestigious firms tend to offer higher salaries and more attractive benefits packages.

Opportunities in the Hedge Fund Industry

The hedge fund industry in Singapore offers promising opportunities for investment managers. With the right skills and experience, you can expect competitive compensation and the chance to work with high net worth individuals and institutional investors.

Base salaries at hedge funds in Singapore can be quite lucrative, especially for top performers. While specific figures may vary, it is not uncommon for experienced investment managers at hedge funds to earn six-figure salaries.

Growth in Family Office Hiring

Singapore is set for a family office hiring boom in 2021. Family offices, which manage the wealth of ultra-high-net-worth individuals, are expanding their operations in Singapore, creating additional job opportunities for investment managers.

If you are considering a career in investment management, exploring opportunities in family offices can be a wise move. These organizations often offer attractive compensation packages and the chance to work closely with wealthy individuals and families.

The Rise of Digital Banks

Singapore's new digital banks are expected to exploit rivals' cautious hiring next year. These banks, which operate primarily online, are set to disrupt the traditional banking industry and create new demand for investment managers with expertise in digital finance.

If you have a passion for technology and finance, exploring opportunities in digital banks can be a smart career move. These innovative institutions offer competitive salaries and the chance to be at the forefront of the financial industry's digital transformation.

Case Study: Former Goldman Sachs Trader

One notable example of a successful investment manager is a 32-year-old star ex-Goldman Sachs trader who was poached by hedge fund Balyasny just one week into his new job. This case highlights the high demand for top talent in the investment management field and the potential for rapid career advancement.

Conclusion

The investment manager profession in Singapore offers exciting opportunities for individuals with a passion for finance and a strong track record. While the average investment manager salary in Singapore is S$220,000, it is important to remember that salary figures can vary based on experience, education, and the firm you work for.

Whether you are interested in working in hedge funds, family offices, or digital banks, the investment management field in Singapore is ripe with potential. By honing your skills, gaining experience, and staying up-to-date with industry trends, you can position yourself for a successful and rewarding career as an investment manager in Singapore.