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With interest rates as low as they are, it has become much more difficult to squeeze out positive returns, especially for those fixed-income managers hewing to a cautious approach. Among the investors in that camp are Tad Rivelle, chief investment officer, fixed income, at TCW, and Laird Landmann, co-director of U.S. fixed income at the Los Angeles-based firm. TCW manages about $142 billion of assets
Regards,
Ted
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