city
yellow

Structured Products

For performance information on this strategy or any of DoubleLine strategies, please click here.

Competitive Advantage

  • Seasoned portfolio management team with structured products AUM over $100 billion1
  • Portfolio managers have an average 23 years of industry experience and 21 years working together through many market cycles
  • Time-tested investment process focusing on managing risk and convexity
  • Established track record that speaks to successful portfolio construction, optimization and risk management

Strategies

Senior team members have managed portfolios together for over two decades. Structured Products include: agency and non-agency residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), collateralized loan obligations (CLOs) and asset-backed securities (ABS)

Strategies include: Government-guaranteed only portfolios including a liability-driven investment (LDI) alternative, intermediate-term offerings and an opportunistic strategy

Philosophy

DoubleLine believes structured products often deliver a yield advantage with lower effective duration than other fixed income assets, as well as, exhibiting a lower correlation to the S&P 500 relative to corporate credit alternatives

Process

DoubleLine’s structured products team has consistently implemented the same investment process for over twenty years.

Top-Down Macro economic and market sector analysis discussions are led by Jeffrey Gundlach. Portfolio managers, research team and traders participate in evaluating market trends and identifying sector opportunities.

Bottom-Up security selection using extensive scenario “stress testing” provides analysis for buy/sell decision.


Structured Products Committee meets weekly to assess relative value and potential risks across sectors

  • Market Outlook: Incorporates macro research of DoubleLine’s Fixed Income Asset Allocation (FIAA) and Global Asset Allocation (GAA) Committees
  • Portfolio Positioning: Strategy and portfolio evaluation, allocation and duration management decisions
  • Sub-sector Implementation: Fundamental research, relative value and security selection

Top Down PM Construct

 

Structured Products Committee

 

FIAA Committee Members


1. As of 6/30/19

logo

DoubleLine

333 S. Grand Ave.
18th Floor
Los Angeles
CA 90071

213.633.8200

To request performance on any of DoubleLine's strategies, please fill out the form below and click Submit.






[honeypot website-265]

 

This is a Test!

DoubleLine is testing our emergency back-up plan. If this were a real emergency, DoubleLine would be posting news, updates, contact information, webcast or conference call information here to keep our clients updated on the situation. To contact DoubleLine, please click here.

×
 

Thank you for your request(s). You will receive slides after the webcast has started. Replay and Recap notifications will take several days following the compliance review.

×
 

Please fill in your information below in order to open this article in your browser.

I am an Institutional Investor

[recaptcha]