Elliott Management paid UK staff average of £1.3m each in 2022

Figure is similar to 2021 after profits, pay pot and headcount increase at world's largest activist hedge fund

The US hedge fund and notorious activist investor Elliott Management paid its 124 UK staff a combined 160m last year, after a 10% rise in annual profits.

The pay pot is higher than the 137m shared by employees the previous year, and comes after its UK operation, Elliott Advisors UK, reported pre-tax profits up by a tenth to 10m. Turnover for the firm, which made headlines after throwing its hat into the ring to buy Manchester United earlier this year, rose 16% to 225m.