Aston Asset Management and fixed income investment management firm, DoubleLine Capital, will launch a new open-end mutual fund in early July 2011. The Aston/DoubleLine Opportunistic Bond Fund will be managed by the CEO and CIO of DoubleLine, Jeffrey Gundlach. Aston will be the investment adviser of the fund. DoubleLine will act as subadviser and be responsible for the day-to-day management of the fund. The fund’s investment objective is to maximize current income and total return.
Click here for the release from PR Newswire.