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Laxman Pai, Opalesque Asia:

Los Angeles-headquartered DoubleLine Capital has begun offering its Luxembourg-domiciled UCITS funds on the Allfunds Bank platform, an open architecture, worldwide distributor of funds.

The $120bn AuM investment management firm said in a press release that the sub-funds of the DoubleLine Funds (Luxembourg) UCITS currently include the DoubleLine Shiller Enhanced CAPE equity sub-fund, which is co-managed by DoubleLine Alternatives LP and DoubleLine Capital LP, and DoubleLine Short Duration fixed income sub-fund, which is managed by DoubleLine Capital LP.

"Depending on an investor's country of residence, the sub-funds are available via retail and institutional share classes denominated in various currencies," said the release.

The release quoted Ron Redell, executive vice president of DoubleLine as saying: "Allfunds is one of the leading international distribution platforms. The availability of DoubleLine Funds (Luxembourg) on this distribution network is strategically important for DoubleLine's UCITS funds global expansion."

Allfunds Bank Group offers integrated fund solutions (operational, analysis and information). Created in 2000, today Allfunds Bank has more than EUR 370bn assets under administration and offers more than 64,400 funds from over 1,200 fund managers.

Allfunds Bank Group has a local presence in Luxembourg, Switzerland, United Kingdom, Spain, Italy, United Arab Emirates, Singapore, Chile and Colombia an......................

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