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Fink hits pay dirt

Who said hedge funds are doing badly? Stanley Fink, chief executive of Man Group took home a cash bonus of 5.5m last year - 13 times his basic salary.

Fink's pay package jumped more than 50 per cent in the last financial year as the Man Group's earnings soared, the Telegraph reports.

Man's pre-tax profit jumped 51 per cent to $1.3bn (705m) in the year to March, helped by buoyant markets.

Kevin Davis, managing director of Man Financial, received a bonus of 4.2m while group finance director Peter Clarke pocketed a bonus of 3.6m.

That's a lot of money.

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