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‘Dr Doom’ files to launch ETF based on his calamitous outlook

Nouriel Roubini, who gained fame after predicting the global financial crisis, says his fund will take account of new risks

Nouriel Roubini, aka Dr Doom, has been dishing up his downbeat takes on the global economy and markets for decades.

Now investors will finally get the chance to see how his gloomy insights translate into financial returns as Roubini, who earned his Dr Doom moniker for foreseeing the 2008 global financial crisis, turns to managing money for the first time at the age of 66.

Barring any late regulatory hitches, the Atlas America exchange traded fund will list in the US in the autumn with Roubini, chief economist and co-founder of US-based Atlas Capital Team, one of three named portfolio managers.

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