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Non-Tech : Pimco Advisors (PA)
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To: RagTimeBand who wrote (26)11/11/1997 12:35:00 AM
From: RagTimeBand  Read Replies (1) of 37
 
>>My question to you or anyone who feels like responding:
Does PA's purchase of Oppenheimer Capital (which according to the article is an equity portfolio) subvert (or at least dilute) PA as a defensive play?<<

Spoke with IR today and was told that before the Oppenheimer purchase the ratio between "fixed" and equities was 80% to 20%. The new ratio will be 57% fixed and 43% equities.

IR stated that Oppenheimer's objective was 'value' investing and would stay that way.
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