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Florida State Retirement Pension System To Reduce Pimco Exposure

FYI: Florida State Board of Administration said it would "significantly" reduce the amount the state's retirement system has invested with Pimco, less than two weeks after the money manager's chief investment officer, Bill Gross, shocked markets by resigning.
Regards,
Ted
http://www.reuters.com/assets/print?aid=USKCN0HW23320141007
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