wonder 404

Reportedly, he earns $200m a year.

Fund manager pay outstrips banks / Bill and his Grossly 'indefensible' salary

In 2011 "he missed a rally in US Treasuries." 

In 2013 "he misjudged the timing and impact of the Fed’s plan to scale back its asset purchases."

This "contributed to the biggest decline in almost two decades for his Total Return fund."

Andrew Balls, the brother of Ed Balls of the U.K. opposition Labour Party, is head of European fund management at Pimco.