A Year After Gross Exit, TCW Leads Winners as Pimco Sheds Assets

  • Gross departure set off scramble for billions in bond money
  • TCW shows it's possible to recover after star departs

In 2009, TCW Group Inc. watched as investors pulled billions of dollars after it ousted star money manager Jeffrey Gundlach. Today, the firm finds itself the beneficiary of another messy divorce.

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