TCW [profile] is moving in a new direction with its large-cap value equity team, according to a Pensions & Investments report.

The trade pub reports that research analysts Peter Viehl, Justin Braiker and Brandon Gray have all been let go by the firm because of underperformance and large net outflows from institutional accounts.

PMs will use the general research staff to make stock picks, P&I reported.

To get more details on the bad results leading to the changes, read the original story. 

Edited by: Ben Geier


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE