The fixed income team at
TCW was recently lauded by
the Wall Street Journal for quietly achieving high returns without grabbing attention.
The “unassuming” bond-fund team, consisting of
Tad Rivelle,
Laird Landmann and
Stephen M. Kane, is providing returns that in some cases actually beat those of louder personalities such as
PIMCO' [
profile a>] Bill Gross and DoubleLine’s [
profile]
Jeffrey Gundlach.
For instance, the newspaper notes that TCW’s flagship fund, the $24-billion
MetWest Total Return Bond, ranks in the top 10 percent of its
Morningstar Inc. category for the past one, three, five and 10 years. For each of those time frames, the fund has posted better returns than Gross's main fund,
Pimco Total Return. And over the past year, the TCW fund is ahead of Gundlach's flagship,the
DoubleLine Total Return Bond, which doesn't yet have a three-year record.
More accolades and analysis can be found
here. 
Edited by:
Tommy Fernandez
Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE