Gundlach To Oversee $450 Million For Prudential

Mani

Published onSeptember 24, 2013

Updated on May 13, 2021

Jeffrey Gundlach is to use his flagship DoubleLine Total Return Bond Fund Class I (MUTF:DBLTX)’s strategy for Prudential PLC (PUK)’s Jackson National Life Insurance.

Table of Contents

Jeffrey Gundlach, chief of DoubleLine Capital LP, has begun managing a variable annuity using his flagship’s strategy.

$450 Million Mandate

DoubleLine received a $450 million mandate from Jackson for the Curian/DoubleLine Total Return Bond Fund Class I (MUTF:DBLTX), which plans to invest more than half of its assets in mortgage-backed securities. Besides this, the fund can also invest in...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article

Already a member? Log in here

Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Gundlach To Oversee $450 Million For Prudential

$450 Million Mandate

Login required to continue reading.

Get Your Business News