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Post by roi2020 on Aug 27, 2021 7:06:49 GMT
"TCW said Wednesday that Tad Rivelle, who ran the firm’s bond-investing business, would retire at the end of the year.
TCW’s chief executive, David Lippman, is expected to leave after his current contract expires in December 2022, people familiar with the matter said."Note: Pacific Investment Management Co. (PIMCO) is erroneously mentioned and should be replaced with TCW.
What a terrible last sentence...
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Post by Chahta on Aug 27, 2021 14:07:32 GMT
The article is so cut up between advertising. Is this the sentence? :"Pacific Investment Management Co., the firm endured the loss of star managers, including Howard Marks and Jeffrey Gundlach, only to reach new heights."
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Post by roi2020 on Aug 28, 2021 0:30:40 GMT
The article is so cut up between advertising. Is this the sentence? :"Pacific Investment Management Co., the firm endured the loss of star managers, including Howard Marks and Jeffrey Gundlach, only to reach new heights." That's it! I looked at the article on a different site - exactly the same. Original article was published by WSJ and is behind paywall. |
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Post by roi2020 on Sept 9, 2021 5:37:55 GMT
M* take on Tad Rivelle's retirement:
"Rivelle is a giant in the fixed-income world, and his retirement is noteworthy.
However, the strength of the remaining trio of generalist managers and the quality of the specialist teams that support them should assuage investors’ concerns.
We are maintaining the High People Pillar ratings on Metropolitan West Total Return Bond, TCW Core Fixed Income TGCFX, Metropolitan West Low Duration Bond MWLIX, and Metropolitan West Unconstrained Bond MWCIX, as well as the Above Average People Pillar rating on TCW Total Return Bond TGLMX.
These funds all maintain their current Morningstar Analyst Ratings."
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