Janus Capital Group Inc. (NYSE: JNS) today announced that William H. Gross, world-renowned fixed income investor, will be joining Janus Capital Group. He will manage the Janus Global Unconstrained Bond Fund[[Only available to investors in the US.]] – a recently launched US mutual fund, and the related, soon to be launched offshore fund. <\/p>\n
He will join Myron Scholes, Ph.D. and other members of the Janus team focused on global asset allocation. Mr. Gross\u2019 employment will be effective September 29, 2014 and he will begin managing the Janus Global Unconstrained Bond strategies effective October 6, 2014.<\/p><\/blockquote>\n
Mr. Gross will be based in a new Janus office to be established in Newport Beach, California and will be responsible for building-out the firm\u2019s efforts in global macro fixed income strategies. His concentration on such strategies will be separate and complementary to Janus\u2019 existing and highly successful credit-based fixed income platform, built under the leadership of Janus\u2019 Fixed Income Chief Investment Officer, Gibson Smith.<\/p>\n
\u201cBill Gross has an exemplary track record with decades of success and he will offer an
\nexceptional approach to navigating today\u2019s increasingly risky markets with a focus on
\nmacro, unconstrained strategies. His involvement provides Janus a unique opportunity to
\noffer strategies and products that are highly complementary to those already managed by
\nour credit-based fixed income team,\u201d<\/em> said Richard M. Weil, Chief Executive Officer of
\nJanus Capital Group. \u201cWith Bill leading our global macro efforts and Gibson our creditbased
\nfixed income team, I am confident Janus will be able to meet the needs of virtually
\nany client.\u201d<\/em><\/p>\n\u201cI look forward to returning my full focus to the fixed income markets and investing,
\ngiving up many of the complexities that go with managing a large, complicated
\norganization,\u201d<\/em> said Mr. Gross. \u201cI chose Janus as my next home because of my long
\nstanding relationship with and respect for CEO Dick Weil and my desire to get back to
\nspending the bulk of my day managing client assets. I look forward to a mutually
\nsupportive partnership with Fixed Income CIO Gibson Smith and his team; they have
\ndelivered excellent results across their strategies, which deserve more attention.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"Janus Capital Group Inc. today announced that William H. Gross, world-renowned fixed income investor, will be joining Janus Capital Group. He will manage the Janus Global Unconstrained Bond Fund…<\/p>\n","protected":false},"author":20,"featured_media":36976,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1479],"tags":[1655,1651,1437,2044],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/36978"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=36978"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/36978\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/36976"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=36978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=36978"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=36978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}