Jeff Gundlach: emerging markets to continue outperforming
Active managers will also likely outperform along with EMs
DoubleLine Capital CEO Jeff Gundlach said Monday that we can expect emerging markets to continue outperforming the S&P, reports CNBC.
More specifically he said he is long the iShares MSCI Emerging Market ETF and short the SPDR S&P 500 ETF.
He added that “when emerging markets outperform the S&P 500, active is outperforming the S&P 500.” Going so far as to say that investors can take index funds and “throw them out the window.”