The Pimco boss who thinks philanthropy has a PR problem

cityam2025-09-24

John Studzinski doesn’t like being called “a philanthropist” John Studzinski may be one of the City’s most senior bankers, but he is arguably best known for his exploits beyond the Square Mile and ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Pimco boss who thinks philanthropy has a PR problem\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-09-24 18:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/the-pimco-boss-who-thinks-philanthropy-has-a-pr-problem/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>John Studzinski doesn’t like being called “a philanthropist” John Studzinski may be one of the City’s most senior bankers, but he is arguably best known for his exploits beyond the Square Mile and ...</p>\n\n<a href=\"https://www.cityam.com/the-pimco-boss-who-thinks-philanthropy-has-a-pr-problem/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4213","symbol_name":"石油与天然气的勘探与生产","start_time":0,"source_url":"https://www.cityam.com/the-pimco-boss-who-thinks-philanthropy-has-a-pr-problem/","article_id":"2569770939","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2025/09/Screenshot-2025-09-23-16.08.50-1.png?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/the-pimco-boss-who-thinks-philanthropy-has-a-pr-problem/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2569770939","pubTimestamp":1758708625,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"“I work with a lot of young artists between the ages of 15 and 25, and when you ask young a","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4213":"石油与天然气的勘探与生产","CAF":"摩根史坦利中国A股指数基金","PR":"Permian Resources Corp"},"translate_title":"太平洋投资管理公司老板认为慈善事业存在公关问题","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CAF":1,"PR":1.5},"content_text":"John Studzinski doesn’t like being called “a philanthropist” John Studzinski may be one of the City’s most senior bankers, but he is arguably best known for his exploits beyond the Square Mile and Wall Street; namely in the space of philanthropy. Ali Lyon talks to him about his aims to reshape the way people think about ‘giving’, and why he doesn’t like the word philanthropist. Despite all evidence to the contrary, John Studzinski is not – by his own account – a philanthropist. The life of the vice chair of fixed income juggernaut Pimco may have oozed all the hallmarks of an archetypal big name benefactor. There’s his feted career in investment banking – one which has bestowed on him the means to donate handsome sums to good causes around the world. There is also his position as an adviser to – and founder of – a coterie of household name charities, many of which play an outsized role in Britain’s third sector. And impossible to ignore is the devout adherence to his Catholic faith that has seen him strike up close friendships with multiple Cardinals, and even several Popes.But the term ‘philanthropist’ does not sit easily with the British-American investment banker, who, as well as his feted charitable pursuits, has notched up a picture perfect CV that includes senior stints at Morgan Stanley, Blackstone and HSBC.\n\n“I don’t like that word,” says Studzinski, who not only famously gives half of his salary (estimated to be well in the millions) to charity but also spends his Sundays walking the streets volunteering for homeless charities. “I’m often referred to as a philanthropist – or a Catholic philanthropist. But I’d rather be called someone whose life is focused on giving, rather than a philanthropist.”The City luminary is speaking to City AM shortly before the publication of his debut book, which seeks to provide its readers with a “philosophical framework” for how best to do good. And reservations about the ‘P-word’ – mostly implicit – run through the chapters of A Talent for Giving like a stick of rock. Over the course of 200 pages, he mostly reaches for notions of “common good”, or being a “benefit to the world”, or – above all – “giving” in lieu of any references to the anachronistic word.A new model of philantrhopyThis – he says – was fully intentional. A Talent for Giving is part memoir, part meditation, part handbook which aims to encourage people to devote more of their lives to venerable causes – and convince them that despite the author’s own considerable means, the pursuit is not all about donating handsome sums to charity.“I’d like to get people to rethink philanthropy as more about nurturing the common good, not about large amounts of money or largesse or galas,” says Studzinski, who – sitting in one of Pimco’s pristine boardrooms dressed in an immaculately cut suit – looks and sounds as if he’s been to a few big charity bashes in his time.\n\n“I work with a lot of young artists between the ages of 15 and 25, and when you ask young artists, what is philanthropy, sometimes their eyes glaze over and they think it’s a a 19th century word that is outdated and has nothing to do with them.”Instead, Studzinski wants readers – many of whom he hopes will be members of the hard-to-reach generation Z – to channel their philanthropic efforts into areas for which they have a talent or passion.A 45-year career in banking, for example, has taught the book’s author “a lot about networks, markets, management [and] talent”. An advertising executive, on the other hand, would be best put to use assisting with a charity or cause’s communications and marketing.That decision to broaden ‘giving’ away from one-off donations or the preserve of society’s most well-healed comes at a pivotal time for those in the third sector. \n\nA string of recent studies have found traditional charitable donations from both businesses and individuals to have fallen drastically since the pandemic. The chair of the Charity Commission recently warned that the UK’s most moneyed residents “were not covering themselves with glory in philanthropic terms”, after its study found donations from the top one per cent had fallen in the last decade. And a similar paper from the Charities Aid Foundation (CAF) revealed corporate donations FTSE 100 companies had fallen in real terms over the past two years.Studzinski puts these falls down to the “enormous volatility and uncertainty right now” on the economic and geopolitical fronts; a trend amplified by “people’s own individual values being re-calibrated in terms of how they want to give their time”.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2569770939","isCrawlerRequest":true}