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TCW to hold conference call for investors

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L.A. money manager TCW Group, which fired its star bond fund manager last Friday, will hold a conference call on Friday with his replacement to address investors’ questions and concerns.

Tad Rivelle, TCW’s new chief investment officer for high-grade bonds and also the new manager of the firm’s popular TCW Total Return Bond mutual fund, will be on the call beginning at 10 a.m. PST on Friday.

The $12-billion-asset Total Return Bond fund was hit by redemptions early this week as some investors fled on news that the fund’s long-time manager, Jeffrey Gundlach, was ousted by TCW.

Investors who want to participate in the conference call must register first. Click here for phone information and other instructions, including webcast information.

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-- Tom Petruno

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