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"Vanguard has overtaken Pimco as the largest provider of taxable-bond mutual funds by assets, a title the West Coast firm has held for more than a decade."
Looks like Pimco is definitely having a "bad hair year." Seems like each quarter, or more often, brings new bad news for Bill Gross and Pimco.
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@Ted: keep up the good work, much appreciated!
"Vanguard has overtaken Pimco as the largest provider of taxable-bond mutual funds by assets, a title the West Coast firm has held for more than a decade."
Looks like Pimco is definitely having a "bad hair year."
Seems like each quarter, or more often, brings new bad news for Bill Gross and Pimco.