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In 2008, many pension plans using overlay strategies found themselves suddenly short of the liquid assets needed to satisfy collateral calls. Advanced planning is more important than ever.
No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. Pacific Investment Management Company LLC, 840 Newport Center Drive, Newport Beach, CA 92660, 800-387-4626. ©2013, PIMCO.
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