Bill Gross-managed Janus Fund Attracts $66.4 Mln In New Money
The Janus Unconstrained Bond Fund , which is now managed by bond specialist Bill Gross, took in $66.4 million in new investor money during September, according to data released by Morningstar on Wednesday. Gross said on Sept. 26 that he would leave Pimco, which he founded and built into the world's largest bond fund manager, to run the Janus fund. Assets under management in the Janus fund swelled to $79.1 million last month, from $12.9 million in August, the data showed. That's still much smaller than the $221.61 bln he managed in the Pimco Total Return Bond Fund .
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