The healthcare sector went on a tear beginning in 2011, thanks in large part to the passage of the Affordable Care Act and its impending implementat
Thursday, 19 January 2017
Last updated 10 hours ago
Jun 14 2010 | 3:06pm ET
In his first television interview since being fired by TCW, Jeffrey Gundlach spoke with CNBC Monday. His bond fund, DoubleLine Capital, has done twice as well as TCW since it was launched on April 6 this year, and three times better than PIMCO. DoubleLine now has $610 million in assets under management.
Gundlach isn't taking any of this lying down. He is counter suing, claiming TCW owes him and his team potentially $1.25 billion in current or future fees from funds he started at the firm, though he did tell CNBC's Jane Wells today that he would indeed be open to settling with TCW.
Airdate: Monday, 14 Jun 2010