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|Subject: Pimco sees a pivot for cash management||Date: 10/6/2012 11:39 AM|
|Author: grier22||Number: 44578 of 44599|
Bank deposits above 250K will likely lose their Fed protection with the new year. Where will institutions put their ready cash?
This PIMCO piece makes the case for getting into actively managed cash
investments before the crowd this winter. Money market funds don't look promising.
This is a sales pitch for PIMCO products like MINT, of course. But interesting.
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