That's where Paterson's efforts are directed.
* * * * * J B K * * * * *
San Francisco
The managers are counting on their performance records to win clients from larger rivals after the financial crisis forced nearly 100 firms to close down in 2008 and 2009. Hechmer guided the Tradewinds International Value fund to an annual 6.7 percent return in the five years before leaving Nuveen, twice the pace of its benchmark. Gundlach's TCW Total Return beat Bill Gross's Pimco Total Return, the world's largest bond fund, in the five years through Dec. 4, the day TCW fired him.
http://www.bloomberg.com/apps/news?pid=20601108&sid=aiHDoq.MKAc4
