Swiss banks Bonhôte and Bordier participating in a capital-accelerator programme with renowned US asset manager DoubleLine Capital

Bonhôte Fund Solutions and Bordier FinLab SA, in association with a pool of institutional investors, are supporting DoubleLine Capital in developing its range of Luxembourg-registered UCITS funds.

DoubleLine, co-founded by bond specialist Jeffrey Gundlach, is an investment manager known for its strong global fixed-income returns. Its assets under management currently stand at over USD 110 billion.

Two of its funds, the DoubleLine Short Duration Bond Fund and the DoubleLine Shiller Enhanced CAPE®, are now available as Luxembourg-registered UCITS vehicles. Both had their European launch in September 2016 and have been accessible to Swiss retail investors since the end of May this year.

The associated capital-accelerator programme, which took place in the second quarter this year, has raised over USD 58 million for both funds combined.

“We are delighted to be working together with DoubleLine Capital, one of the most successful asset managers of this past decade. For us, it is a privilege to contribute to such a high-calibre venture and we hope to extend our cooperation with DoubleLine in the future,” commented Steve Métrallet and Bertrand Clavien, respectively head of Bonhôte Fund Solutions and Bordier FinLab SA.

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