Photo: DoubleLine Capital
Jeff Gundlach might be the hottest fund manager in the markets.According to spokesperson Lew Phelps, DoubleLine’s assets under management as of February 24 jumped to $28 billion, up from $25 billion on January 31. It was at $21 billion in December.
So, when will Gundlach bring down the gates on new investors?
During the Q&A of his February 14 presentation, a participant raised the question.
To that, Gundlach said he would be comfortable managing $35 billion. But he also added that he could see DoubleLine’s AUM rising to as much as $50 billion.
So, new investors have a little bit of time. But not too too much.