The DoubleLine Total Return Tactical Strategy seeks to maximize total return over a full market cycle by actively investing across global fixed income sectors. The strategy normally maintains a shorter duration and higher yield than its benchmark, the Bloomberg Barclays … Read More
Traders betting on a further sustained rise in interest rates might want to listen more closely to what the US Federal Reserve is saying. There have been a lot of comparisons made in markets between recent volatility and the so-called … Read More
After reaching historic levels of cheapness by the end of 2019, value stocks underperformed growth stocks by a country mile in 2020, setting an all-time record for value’s cheapness relative to growth.1 Given the more-than-decades-long underperformance of value, proclamations of … Read More
Around this time a year ago, I ruffled a few feathers among bond traders with the headline “This is the Scariest Gauge for the Bond Market.” The upshot was that when looking at the ratio of yields on corporate debt … Read More
Despite a rollercoaster year, emerging markets (EM) credit was relatively resilient, ending 2020 with positive returns for all three major EM bond indexes: The J.P. Morgan Emerging Markets Bond Index Global Diversified (U.S. dollar-denominated EM sovereigns) posted returns of 5.26%, … Read More
For every action, there is an equal and opposite reaction. In the case of international trade and global payments, the U.S. made aggressive use of sanctions and tariffs. With some merit, Washington has argued that these actions level the playing … Read More
The Bloomberg Barclays US Aggregate Bond Index (the Agg) returned 0.67% in the fourth quarter, led by the investment grade (IG) corporate bond return of 3.05%, as measured by the Bloomberg Barclays US Corporate Bond Index. For the year, the … Read More
While of recent invention, the catch phrase “Smart Beta” represents an extension or evolution of “quantitative investment” techniques of decades-old lineage. The revolutionary movement lies in Smart Beta’s democratization of these techniques and making them transparent to investors.
By way of … Read More
DoubleLine has partnered with Professor Robert Shiller to create an equity offering. Can you describe the motivation for the strategy and how the DoubleLine Shiller Enhanced CAPE® Strategy enhances DoubleLine’s current suite of products?
First off, CAPE® stands for Cyclically Adjusted … Read More