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Rating:Gross: Pimco Pulls In Nearly $1 Billion a Week

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Thursday, July 29, 2010

Gross: Pimco Pulls In Nearly $1 Billion a Week

By: Armie Margaret Lee

Nearly a billion dollars make their way to Pimco's products each week, co-chief investment officer Bill Gross told Bloomberg.

In the same interview, Gross said investors should brace for returns of around four percent to five percent from bonds and stocks over the next several years.  

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