Hong Kong sub-market · Rank #5 of 10 for this discipline

Systematic macro in Hong Kong

What is the systematic macro market like in Hong Kong?

Hong Kong is a secondary centre for systematic macro, with demand concentrated in a smaller set of desks. Systematic macro takes rules-based positions across currencies, rates, commodities and equity indices based on macroeconomic and trend signals. Horizons are long, capacity is high, and London is the global centre. Typical holding horizon is weeks to months, hiring concentrates on quant researcher, systematic portfolio manager, quant developer, and 13 of the firms we track run a Hong Kong desk. Pay sits at roughly 85% of the New York benchmark for the equivalent role and seniority, quoted in HKD.

Systematic macro compensation in Hong Kong

Mid-level total compensation for the roles this discipline hires, in HKD.

Systematic macro compensation by role in Hong Kong
RoleRangeMedian
Quant ResearcherHK$1.5m – HK$17mHK$3.1m
Systematic Portfolio ManagerHK$3.3m – HK$99mHK$8.3m
Quant DeveloperHK$1.2m – HK$8.0mHK$2.3m

Where systematic macro ranks by market

  1. 1New YorkCore centre · pay index 100
  2. 2LondonCore centre · pay index 86
  3. 3SingaporeCore centre · pay index 82
  4. 4ChicagoSecondary · pay index 97
  5. 5Hong KongSecondary · pay index 85
  6. 6AmsterdamSecondary · pay index 74

Methodology

Figures are expressed as annual total compensation (base salary plus expected performance bonus) in the reference market's local currency, converted from a US dollar base. They describe typical market ranges rather than any individual offer, and exclude sign-on payments, deferred equity and carried interest. Portfolio-manager figures reflect formulaic profit-share arrangements and are therefore far more dispersed than any other role.

KnowQaunt 2026.1 · Updated September 2026

These are indicative ranges pending first-party verification. They will be replaced by verified submissions as the Quant Salary Index dataset builds.

Hong Kong · Systematic macro · KnowQaunt 2026.1