Friday, 29 August 2014
Last updated 6 hours ago
Sep 12 2012 | 11:28am ET
Jeffrey Gundlach knows bonds. But he's mulling an expansion of his hedge fund into stocks, which could include a long/short equity vehicle.
The DoubleLine Capital founder told a Webinar yesterday that the Los Angeles-based firm he co-founded with Philip Barach and which boasts $40 billion in assets despite getting its start just three years ago, may add "a couple" of stock-trading teams over the next few months. Those additions would then be charged with running a long/short hedge fund and a U.S. equity mutual fund.
"I like the way equities are out of favor and I like doing things when they're unpopular," Gundlach told Bloomberg News. "Equities are a superior investment to bonds for an inflation hedge and I like the ability to diversify and broaden the firm."
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...