MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, June 7, 2013 Ahead of the Pack, Gundlach Gives Driving Lessons So, how did Jeff Gundlach come up with the name for his rock-and-rolling fund firm DoubleLine? Well, Bloomberg reports, Gundlach likens a fund to "driving on a winding mountain road." You never want to cross “the double line into the oncoming lane of risk," he tells the newswire. Gundlach explains how buying mortgage-backed securities kept him clear of traffic. Why listen to his driving lessons? The newswire notes that his "$41 billion DoubleLine Total Return Bond Fund returned a risk-adjusted 11 percent over the past three years, best among comparable funds run by managers such as Bill Gross of Pacific Investment Management Co. and Tad Rivelle of TCW Group Inc. " Printed from: MFWire.com/story.asp?s=44152 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |