Asset Management

Pimco ETF and wealth management boss exits

A Pimco veteran who headed both the bond giant’s UK global wealth management division and its exchange-traded fund business across Europe, the Middle East and Africa, has left the firm after 15 years, months after assuming overall ETF responsibilities for the region.

Trovato oversaw some $6 billion in ETF assets while at Pimco
Trovato oversaw some $6 billion in ETF assets while at Pimco Photo: iStock

A Pimco veteran who headed both the bond giant’s UK global wealth management division and its exchange-traded fund business across Europe, the Middle East and Africa, has left the firm after 15 years, months after assuming overall ETF responsibilities for the region.

Mike Trovato, who joined the $1.4 trillion US manager in 2001, and latterly oversaw a combined $18 billion in assets across wealth management and ETFs from the firm's London office, has departed, according to a person familiar with the matter. He could not be reached for comment.

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