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Rating:Fixed-Income Fund Shops are First in Line for Bailout Mandate Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, October 07, 2008

Fixed-Income Fund Shops are First in Line for Bailout Mandate

by: Erin Kello

Some fixed-income fund shops may have a chance to help manage the government bailout fund. Analysts tell Reuters that BlackRock, Pimco, Loomis Sayles and Legg Mason's Western Asset Management could all be in the running. The allure of managing the fund is not so much for financial gain as the for the prestige that will come with being picked to manage the fund.  

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