Vanguard, BlackRock may reap billions from Pimco after Gross exit
September 30, 2014 at 01:34 AM EDT
NEW YORK/BOSTON - Vanguard Group and BlackRock Inc could be prime destinations for hundreds of billions of dollars in assets that may flee Pimco in the wake of the sudden exit of Bill Gross, the celebrated "Bond King" of U.S. mutual funds. His new company, Janus Capital Group Inc , may see Gross's cachet attract tens of billions of dollars, investors and analysts said.