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Pimco's Mexico Derivations Wagers Grew Before Gross Exit

FYI: Pacific Investment Management Co. Chief Investment Officer Daniel Ivascyn has made no secret about his bullishness toward Mexico, a view that predecessor Bill Gross also backed. Less widely discussed is the firm’s flagship Total Return Fund’s $4.4 billion of Mexican credit derivatives.
Regards,
Ted
http://www.bloomberg.com/news/print/2014-10-06/pimco-s-mexico-derivatives-wagers-grew-before-gross-exit.html
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