DoubleLine and Barclays have announced a strategic partnership to market and distribute trade traded funds underneath DoubleLine ETF Adviser LP.
“The pairing of our complementary ability units and assets within the ETF house will write, I’m certain, a productive new chapter in our now decade-long collaboration,” stated DoubleLine CEO Jeffrey Gundlach in a information launch.
Barclays group chief government C.S. Venkatakrishnan added within the launch: “We’re happy to be bringing our structuring and funds experience to this partnership with DoubleLine and are excited to be serving to launch these new ETFs. Via our long-standing partnership with Professor Robert Shiller, these new merchandise will drive additional improvement of the ETF panorama and allow extra traders to make use of these merchandise to help in reaching their monetary objectives.”
Final month, DoubleLine introduced the institution of the DoubleLine ETF Belief and the April 5 launch of its first ETFs, the DoubleLine Opportunistic Bond ETF (DBND) and the DoubleLine Shiller CAPE U.S. Equities ETF (DCPE), on NYSE Arca.
As DoubleLine Group president Ron Redell defined on the time, the DoubleLine ETF platform was fashioned to serve a collection of ETFs to traders and advisors with a desire for ETFs amongst ’40 Act funds.
For extra information, info, and technique, go to ETF Tendencies.