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Vanguard's Low Blow? It's More 'Mutual' Than Most: Justin Fox

– A Vanguard tax lawyer turned whistle-blower David Danon and his hired law professor dispute recent expense ratio reductions at the firm.

Bill Miller’s a Hedge-Fund Guy Now With a Funky Model to Try Out

As Hedge Funds Stumble, One Firm Prepares to Buy Illiquid Stakes

Money Managers Feel Impact of Tough Market

Strategic Relationships and Branding Your Firm



Pimco's Total Return Reports $27.5 Billion of Withdrawals

The Pimco Total Return Fund suffered an estimated $27.5 billion of withdrawals in its first full month after the Sept. 26 departure of Bill Gross, its worst month ever for redemptions.

BlackRock Says ETFs Aided Bond Market Stability After Gross Exit

BlackRock, the world’s largest provider of ETFs, said the products acted as “shock absorbers” after Bill Gross’s unexpected exit last month from Pimco.

Pimco Is Replaced by BlackRock at $6.16 Billion Prudential Fund

Pimco seeking to stem redemptions after its co-founder Bill Gross left unexpectedly, was dropped as manager of a $6.16 billion strategy offered by a unit of Prudential Financial.