Jeffrey Gundlach hasn't lost his investment magic — or his famous ego — running DoubleLine Capital LP, the Los Angeles money manager he formed after his highly publicized firing from now rival manager TCW Group last December.
Jeffrey Gundlach, ousted early this month as chief investment officer of TCW, announced today he has established a strategic relationship with Oaktree Capital Management LP in which Oaktree will help his new firm, DoubleLine LLC, establish its own operational infrastructure.
Financial advisers are certainly not in agreement with their clients about the state of the markets.
As of late, most financial advice regarding retirement options has been geared toward company employees
Pimco boss unsure whether less government will ignite commerce; 'animal spirits' vs. 'meaningful reform'
More settlements expected, says antitrust chief; 'stay tuned to this channel'
Stocks rose, copper and gold climbed to all-time highs and Treasuries fell after President Barack Obama agreed to extend tax cuts, offsetting concern that Europe's debt crisis will spread further.
For financial advisers and money managers, the latest twist in the eurozone's deepening debt drama — Ireland's $116 billion rescue package — is a stark reminder to remain nimble-footed with regard to exposure to foreign debt.
President Barack Obama and congressional Republicans kick-started negotiations today at the White House over a possible extension of Bush-era tax cuts that are set to expire Dec. 31.
The best opportunities in the market right now are in “high-quality stocks and low-quality bonds,” according to Art Steinmetz, who took over this week as chief investment officer at OppenheimerFunds Inc.
The debt crisis spreading across parts of Europe is seen as the biggest threat to the performance of the U.S. stock market over the next 12 months, according to a survey of professional money managers.
A former co-head of UBS AG's municipal derivatives group faces a fraud charge tied to a $100,000 kickback for steering an investment agreement with a U.S. state to another bank.
An Omaha businessman convicted of bilking elderly investors out of millions of dollars wants the Nebraska Supreme Court to reinstate his lawsuit against his business attorney.
The SEC should move with haste to revamp 12(b)-1 fees
Copper prices on the march, thanks to China consumption; 'the right time to stockpile it'
Dodd-Frank will be leading to changes in the SEC's adviser exam program, according to Robert Stype, managing partner at ACA Compliance Group.
The U.S. Labor Department sued four investment firms for allegedly failing to examine swindler Bernard Madoff's business practices before entrusting him with hundreds of millions of dollars in pension funds.
It may too late to jump on the gold bandwagon, but it's also too early to bail out of the precious metal, according to Jim Porter, manager of the Aston/New Century Absolute Return Fund Ticker:(ANENX).
In the clash of the two largest U.S. brokerages, Bank of America Merrill Lynch is generating more profit with fewer people than Morgan Stanley Smith Barney LLC.
