Gundlach, Einhorn pick stocks over treasuries
By Lawrence Delevingne, Rob Copeland
Fri Sep 14, 2012
Manager views and picks from the Bloomberg Markets 50 Summit.
Hedge fund managers represented at the Bloomberg Markets 50
Summit in New York City Thursday recommended investing in
stocks over treasuries, saying fixed income is an "accident
waiting to happen," as Jean-Marie Eveillard, Senior Adviser of
$1.3 billion First Eagle Investment Management put it. Steven
Einhorn, vice chairman of $6.1 billion Omega Advisors, and
Jeffrey Gundlach, chief executive of $30 billion DoubleLine
Capital, echoed that preference. Long/short equity fund Omega
Overseas Partners is up 22%...
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