President-elect Trump will likely to be "bond unfriendly" because his proposals will drive up yields by increasing national debt and stoking inflation, Gundlach predicts.
Just 23 of more than 1,750 funds that trade in the U.S. focus on currencies. BlackRock has none.
"An investor should move to cash and cash alternatives," he advised.
Its managers are debating whether it's time to move away from so-called secular growth companies.
The ongoing trend to passive or smart beta products will continue, according to Maxwell Gold, the director of investment strategy at ETF Securities.