Pimco’s man in Europe spies wholesale opportunity

Joe McDevitt has led the US bond manager’s growth in Europe for a decade and a half and is spearheading the push into a wider investor base

Pimco managing director Joe McDevitt can claim credit for introducing the US research-driven style of asset management on this side of the pond.

Although Fidelity was the first US research-driven manager to arrive in Europe, bond specialist Pimco is arguably the most successful.

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