DoubleLine's Gundlach sees Bremain, not Brexit, as likely outcome

By Jennifer Ablan NEW YORK (Reuters) - Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Friday he thinks Britain will "Bremain" in the European Union and if investors agree they should buy beaten-down European equities. "I’ve never believed in an exit, or 'Brexit,'" said Gundlach, known on Wall Street as the "Bond King" who manages $60.3 billion (£42.01 billion) through the DoubleLine Total Return Bond Fund. Voters in Britain will vote on whether to on June 23