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Legg Mason Says Bond 'Transition' To Set Billions In Play

FYI: Legg Mason Inc.'s Chief Executive Officer Joseph Sullivan said a “transition” of assets is under way in the bond industry, after the departure of Bill Gross from Pacific Investment Management Co. prompted investors to set billions of dollars in motion.
Regards,
Ted
http://www.investmentnews.com/article/20141101/FREE/141039972?template=printart
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