Required Reading
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Required Reading

Death toll in California loft fire rises to 30 Accused Charleston gunman asks judge to reinstate defense team Italy PM Renzi heading for heavy referendum defeat: exit polls Army denies Dakota pipeline permit, in victory for Native tribes Austrians roundly reject far right in presidential election Former astronaut Buzz Aldrin to stay in New Zealand…

Gundlach’s DoubleLine sees worst outflows since 2014 ‘taper tantrum’

Gundlach’s DoubleLine sees worst outflows since 2014 ‘taper tantrum’

DoubleLine Capital on Friday said its funds had collectively posted a net outflow of $990.5 million in November, the first month that share redemptions exceeded subscriptions since January 2014, during the Federal Reserve’s so-called “taper tantrum.” Tracking the trend of the overall market, the fund’s bond portfolios saw particular outflows, with the DoubleLine Total Return…