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Investment

Vanguard overtakes PIMCO as largest bond manager

The great battle between active and passive investment reached new heights when Vanguard overtook PIMCO as the world's largest bond mutual fund.

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Read more: PIMCO,  Vanguard,  Australia,  Investment,  March 31,  April data,  Australian Fixed Interest Fund,  Financial Times,  Fund Bill Gross,  Total Bond Market Index Fund