Fund houses are offering generous salaries to their managers as there is a soaring demand for fund managers. The average annual salary of a fund manager is $200,000 plus incentives in the form of performance-based fee. Fund managers make intelligent investments and reap in rich profits for their clients. For instance, a hedge fund manager is the one person, people entrust with their money. He is expected to invest the money in the correct way and realize high returns on the investment. The hedge fund manager also gets bonus and may charge a performance-based fee apart from the commission. To build a career in mutual fund, it is important to attend a top business school.