Gundlach's DoubleLine reaches $100 billion assets under management in May

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[June 01, 2016]  NEW YORK (Reuters) - Jeffrey Gundlach's DoubleLine Capital reached $100 billion in assets under management last month, according to the Los Angeles-based firm Wednesday.

DoubleLine also said the firm has appointed Jeffrey Sherman as deputy chief investment officer. Separately, the firm announced the opening of DoubleLine Investment Management North Asia Ltd.

(Reporting By Jennifer Ablan; Editing by Chizu Nomiyama)

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