Bill Gross' Janus Fund Sees Massive Inflow in Nov. - WSJ
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Bill Gross' Janus Capital (NYSE: JNS) fund is seeing strong inflows and moved past an asset milestone last month.
The WSJ said the Janus Global Unconstrained Bond fund saw the addition of about $770 million of new assets in November, bringing total assets under management for the fund to $1.2 billion. The inflow activity was the strongest its been since Gross left PIMCO last September.
Notably, the Global Unconstrained Bond fund had assets of just $12 million when Gross took over.
PIMCO, on the other hand, has seen outflows of around $60 billion from September through November.
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William H. Gross, Pacific Investment Management Company, LLC (PIMCO), Janus CapitalSign up for StreetInsider Free!
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