Ardevora members share £5m pay package

For financial year ending 31 March 2016

The latest accounts from Ardevora Asset Management have revealed the overall pay package due to its members for the year ending 31 March 2016 has jumped to £5m, from £1.9m last year.

The accounts show members of the group are due £4,999,094 for the year, up from just £1,881,628. They also show the amount of profit attributable to "the member with the largest entitlement" for the 2016 financial year is £2.5m, up from £1.3m over the same period last year. Lang: Why we went short on autos before emissions scandal erupted The ten listed members include founders Jeremy Lang (pictured) and William Pattisson, fund managers Ben Fitchew and Gianluca Monaco, as well as head of wholesale clients Jon Garland and head of institutional clients Hugh Rittner. Cost of wages and...