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William H. Gross
Paul A. McCulley
"The choice for investors then, and importantly for PIMCO as well, is how to participate in this brave new world of Alpha/Beta anemia..."
"Change is an inevitable part of life, whether it comes in the form of empty nesting and learning to be Moms and Dads instead of parents, or an acceptance of new realities in investment markets."
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, 650 Newport Center Drive, Newport Beach, CA 92660, 800-387-4626. ©2014, PIMCO.
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