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 |
|
Monday, September 17, 2012 Gundlach Predicts and Recruits Jeff Gundlach's newfound interest in equities continues to make headlines. Last week the DoubleLine [profile] chief told Bloomberg that within a few months he could hire PM teams to launch U.S. stock funds and a long-short hedge fund. Then InvestmentNews followed up by wondering if Gundlach would hire equity PM teams away from his old employers at TCW [profile]. For this week's issue of InvestmentNews, the trade pub's Jason Kephart included a new, shorter version of his original article, this time with a little less info about the TCW Carlyle deal, no comment from TCW, and a new headline, "Gundlach may be seeking equity stars at TCW." Separately, Alexis Leondis of Bloomberg wrote a follow-up article covering Gundlach's feelings on the stock market. Speaking at the Bloomberg Markets 50 Summit in New York, the star fixed income PM said that "equities are a superior investment to bonds for an inflation hedge." "Equities may be challenged in the near term," Gundlach said. "But I doubt you're going to have this lost decade or lost 15 years of equities again." Printed from: MFWire.com/story.asp?s=41280 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |