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Pimco Plows $2 Billion Into Assets Depressed by Recession Fears

“For this to pay off over the long term, two things have to be true: first, you need to be correct about the investment thesis; and second, you need to have a good handle on liquidity,” said Mara Dobrescu, an analyst at Morningstar Inc in Paris. “Historically, Pimco has been able to do both with a fair degree of success.” 

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