Long bonds help performance: Doubleline

Long bonds help performance: Doubleline

Funds

DoubleLine’s emerging markets fixed income fund is staying away from Argentina and Venezuela, but the firm’s assets in Brazil, Mexico, Peru and Guatemala have yielded handsome results in recent months, the fund’s director Luz Padilla said on Tuesday. Good returns are available without taking on substantially more risk, she said: “This year we have seen bonds coming out of countries like Peru. Longer dated bonds, investment-grade rated, have moved up in price anywhere between five to eight points

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