Asset Management

Pimco European directors’ pay falls 14% in 2021

Despite a drop in combined pay for Pimco’s European directors, the highest-paid executive still pocketed a £3m increase

The fabled bond manager’s top EU staff saw overall pay dip from £35.5m to £30.5m
The fabled bond manager’s top EU staff saw overall pay dip from £35.5m to £30.5m Photo: Mark Boster/Los Angeles Times/Getty Images

US bond giant Pimco paid directors at its European arm 14% less last year.

According to accounts filed with Companies House on 12 August, Pimco Europe paid its nine directors a collective £30.5m in 2021, down from £35.5m the previous year.

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