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Turmoil sparked by the sudden exit of Bill Gross last year has cost the Pimco Total Return Fund its title as the world’s largest bond mutual fund. The FT's Michael Mackenzie and Pauline Skypala discuss why investors now favour the Vanguard Total Bond Market Index fund.
► FT Markets: http://bit.ly/1J5HNd3
► FT Global Economy: http://bit.ly/1J5mmqH
► The State of Bond Liquidity: http://bit.ly/1HXqn0E
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