He eschews making big, splashy investment or market calls, unlike his legendary predecessor, Bill Gross.
DoubleLine exec also says the odds favor negative equity returns in 2018.
The asset manager and investment bank is tryng to calm clients as it remains embroiled in controversy.
Jeffrey Gundlach noted commodities are as cheap relative to stocks as they were at turning points in previous cycles.
Taxable bond funds also grabbing assets, Lipper says.
The money manager is going long on volatility.
The DoubleLine Capital CEO said investors should rotate out of U.S. stocks and into European equities.
The largest U.S. provider of variable annuities plans to re-assign management of $3.5 billion to DoubleLine Capital.
Investors poured an estimated $316.6 million into infrastructure-focused U.S. mutual funds and ETFs in May.
Interest rates, high stock valuations and uncertain presidential policies require caution.