Big Payday at Man Group

The top three executives at the U.K.'s Man Group were the recipients of hefty raises last year after performance fees more than tripled at the world's largest listed hedge fund firm.

According to the company's annual report released Tuesday, CEO Stanley Fink earned 5.99 million pounds, or about $11 million, for the period starting April 1, 2005, and ending March 31 of this year, an increase of 57%.

Kevin Davis, the managing director of Man Financial, Man Group's brokerage arm, collected 4.71 million pounds, or $8.67 million, up 59% from his compensation package of the previous year. Peter Clarke, the deputy CEO and financial director of Man Group, earned 3.98 million pounds, or $7.33 million, a 68% increase year over year. ...