DoubleLine's Gundlach sees Brexit likely to fail despite lead in polls

"I believe 'Stay' will prevail," said Gundlach, the influential investor known on Wall Street as the "Bond King" who manages $60.3 billion through his DoubleLine Total Return Bond Fund, on an investor webcast. Multiple polls this week showed the "Leave" campaign ahead of the "Remain" side, sending global stocks and the pound down over fears that confusion and uncertainty would follow Brexit. Gundlach, whose Los Angeles-based firm DoubleLine Capital oversees $100 billion in all, said polls r