MutualFundWire.com: Fixed-Income Fund Shops are First in Line for Bailout Mandate
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Tuesday, October 7, 2008

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


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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