Tuesday, June 6, 2017

Jackson National to replace Pimco Total Return with DoubleLine Core

NEW YORK, June 6 (Reuters) - Jackson National, the largest U.S. provider of variable annuities, said in a filing on Tuesday it plans to remove Pimco's Total Return Bond investment strategy from Jackson National's product line-up and assign management of the $3.5 billion in that fund offering to Jeffrey Gundlach's DoubleLine Capital.

by reutersCOMPANYNEWS via Endless Supplies .Biz - News

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