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Gundlach: DoubleLine Sold All Of Its European Equities Late Thursday

TedTed
in Fund Discussions
FYI: Jeffrey Gundlach, chief executive officer at DoubleLine Capital, said Friday his firm sold all of its European equities position before the market closed Thursday, following a strong rally in global stocks.
Regards,
Ted
http://www.reuters.com/article/us-funds-doubleline-gundlach-idUSKCN0ZA2GK

Comments

  • ShostakovichShostakovich
    Interesting; wasn't he buying Euro stocks, like, a week ago?

    Thinks change fast.
  • ShostakovichShostakovich
    Interesting; wasn't he buying Euro stocks, like, a week ago?

    Thinks change fast.
  • PRESSmUPPRESSmUP
    edited June 2016
    Nice call by Gundlach. And earlier this month Soros was getting smacked around in the media for selling stocks, buying puts and putting the proceeds into gold.

  • wxman123
    I wonder what vehicle was holding the equities, probably private hedge fund? IIRC Doubleline closed its equity mutual fund due to dreadful performance.
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