Asset Management

Fund managers report high gender pay gaps

T. Rowe Price, BMO, Pictet and First State all report UK gender pay gaps of more than 30%

Fund managers report high gender pay gaps

Four large fund managers have reported gender pay gaps of more than 30% as companies based in the UK rush to publish numbers before an April 5 deadline.

US group T Rowe Price on Wednesday said its female employees in the UK earn a median 34.1% per hour less than their male counterparts — a fraction more than the 34% gap published today by the Canadian fund manager BMO Global Asset Management.

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