Former PIMCO boss gets a big bonus: Report

Monday, November 17th 2014, 6:35PM

PIMCO paid its former chief Investment officer Bill Gross a bonus of about $US290 million (NZ$364m) in 2013, Bloomberg reports.

This bonus was paid even though the PIMCO Total Return Fund trailed a majority of peers.

PIMCO said it does not comment on the compensation of its executives, but says these figures are incorrect.

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