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Vantage takes top spot from Pimco in mutual fund ranking

Vanguard index fund ends October with US$251b; Pimco fund has US$247.9b

[BOSTON] Bill Gross no longer runs the world's largest mutual fund.

His Pimco Total Return Fund has shrunk by US$37.5 billion since the start of this year, ending last month with US$247.9 billion in assets, according to data provided by Pacific Investment Management Co in Newport Beach,...