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DoubleLine Plans Active ETFs Launch
DoubleLine Capital is planning to launch active ETFs in the first quarter of 2012.
DoubleLine Capitalis planning to launch active ETFs in the first quarter of 2012,TheWall Street Journalreports. DoubleLine is in talks with possible partners to enter the active ETFs business.
Jeff Gundlachis expected to manage some of the active ETFs, while head of the emerging-markets fixed-income teamLuz Padillawill run another. DoubleLine, which has about $12 billion in mutual funds, separately managed accounts and other vehicles, currently does not oversees any ETF.
Click here for the story fromThe Wall Street Journal.
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