DoubleLine and Barclays have entered a strategic partnership, bringing together the investment and trading expertise of DoubleLine and the resources of Barclays in the marketing and distribution of exchange-traded funds (ETF) under DoubleLine ETF Adviser LP (the "Adviser"), the firms announced.
"Barclays was an early and successful pioneer in the development and distribution of exchange-traded products," DoubleLine CEO Jeffrey Gundlach said. "The pairing of our complementary skill sets and resources in the ETF space will write, I'm sure, a productive new chapter in our now decade-long collaboration."
"We are pleased to be bringing our structuring and funds expertise to this partnership with DoubleLine and are excited to be helping launch these new ETFs," said C.S. Venkatakrishnan, Group Chief Executive, Barclays. "Through our long-standing partnership with Professor Robert Shiller, these new products will drive further development of the ETF landscape and enable more investors to use these products to assist in achieving their financial goals."
https://twitter.com/DLineETFs/status/1513872060216328193
In a news release last month, DoubleLine announced the establishment of the DoubleLine ETF Trust (the "Trust") and the Adviser" and the April 5, 2022, launch of the Trust's first two exchange-traded funds (ETFs), the DoubleLine Opportunistic Bond ETF (Symbol: DBND) and DoubleLine Shiller CAPE® U.S. Equities ETF (Symbol: DCPE), on NYSE Arca.
As DoubleLine Group President Ron Redell explained at the time, the DoubleLine ETF platform was formed to serve investors and advisors with a preference for exchange-traded funds among '40 Act funds, with a suite of ETFs, starting with DoubleLine Opportunistic Bond ETF and DoubleLine Shiller CAPE® U.S. Equities ETF. Click here for that news release.
Mr. Gundlach and Jeffrey Sherman, Deputy Chief Investment of DoubleLine and President of the Adviser, are portfolio managers of the DoubleLine Opportunistic Bond ETF and DoubleLine Shiller CAPE® U.S. Equities ETF.
Source: DoubleLine
