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Rating:Gundlach: I Can Relate to Bogle Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, June 23, 2010

Gundlach: I Can Relate to Bogle

Reported by Armie Margaret Lee

Jeff Gundlach made his widely anticipated appearance at the Morningstar conference Wednesday afternoon. Dressed in a light gray suit, the DoubleLine CEO took the stage at Chicago's McCormick Place, addressing an audience of nearly 1,300 people.

Jeff Gundlach
DoubleLine Capital
CEO
Gundlach opened his remarks by alluding to his bitter breakup with TCW last December.

He brought up comments made by Jack Bogle years ago when talking about Wellington Management: "'I left my old job the same way I took my new job...Fired with enthusiasm.'"

"I can relate to that," Gundlach quipped.

Towards the end of his hour-long keynote address, Gundlach said assets in DoubleLine's mutual funds have crossed the billion-dollar mark yesterday.

DoubleLine launched its first two mutual funds, Total Return Bond and Emerging Markets Fixed Income, in April and its third offering, Core Fixed Income, at the beginning of this month.  

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