Lindsell Train director handed £8.2m - reports

Grows pre-tax profits by 46%

Lindsell Train has paid a director £8.2m on the back of profit growth of almost 50%, beating the pay of the executives of the UK's biggest asset managers.

The firm reported a 46% rise in pre-tax profit to £55.6m for the year to January, while investment performance and inflows pushed AUM to £16.3bn, a 24% rise. Gallery: Five charts reflecting the CEO pay at FTSE 100 companies The identity of the director receiving the £8.2m pay-out, which is up from £5.7m a year earlier, is not known but is thought to be Nick Train or Michael Lindsell, according to the FT. It makes the employee in question one of the best-paid figures in UK fund management, surpassing Schroders chief executive Peter Harrison and Keith Skeoch, chief executive of Stand...