Man Group chief executive officer Luke Ellis earned $11.3 million in 2022 from his base salary, bonus payment and share grants, the largest pay packet of any Man Group head in the last 14 years, according to a report by Reuters, citing information from the company's annual report.
Man Group chief executive officer Luke Ellis earned $11.3 million in 2022 from his base salary, bonus payment and share grants, the largest pay packet of any Man Group head in the last 14 years, according to a report by Reuters, citing information from the company's annual report.
As a public company traded in London's FTSE 250 index, Man Group is unusual among hedge funds and part of Ellis's performance package is based on the company's share price over the past three years, which is up about 65% since the start of 2020.
Over the last three years, Man Group has taken in $18.7 billion of new client money and made $11.5 billion in investment gains.
The title of highest earning Man Group CEO is still held by Peter Clarke who took home $14 million in 2008.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More
