NEW YORK (Reuters) – As he begins his fourth year trying to turn around Janus Capital Group , Chief Executive Richard Weil is overseeing the launch of a new fund aimed at filling a gap in its lineup, the latest effort to stem outflows at the Denver asset manager. Janus Diversified Alternatives Fund joins the competitive “absolute return” category but offers a twist in how it allocates investments. The fund is the eighteenth new investment strategy that Janus has launched since Weil took over in early 2010 and comes as Janus contends with several years of underperformance. …
Business News Headlines – Yahoo! News
There are no comments yet. Why not be the first to speak your mind.