It pays to work at a hedge fund in Asia, according to Institutional Investor’s 2018 All-Asia Buy-Side Compensation report.

Portfolio managers at hedge funds in Asia earned an average of close to $1.1 million in total compensation last year, including almost $878,000 in bonuses, options, and commission. This makes Asian hedge fund managers some of the best paid in the world, out-earning peers in the U.S. and Europe.

Roughly 500 portfolio managers and research analysts at hedge funds, investment advisory firms, and mutual funds in Asia responded to the latest compensation survey. They anonymously disclosed their 2017 base compensation and variable compensation, as well as what their expectations for compensation over the next two years.