Apparently Pimco's Bill Gross
and DoubleLine's Jeff Gundlach
got mad skills in the stock-beating market, according to Jason Kephart of InvestmentNews
Kephart writes that the bond kings are kicking booty with "enhanced index funds" that "combine alternatively weighted stock indexes, or so-called “smart” beta, with an absolute return fixed-income strategy managed by the bond gurus."
"The strategy gives the funds two potential sources of alpha that can produce returns that beat a vanilla stock benchmark," Kephart writes.
Read more in InvestmentNews
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