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HenryTo
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Joined: 06 Aug 2004
Posts: 7177
Location: Houston, Texas & Los Angeles, California

Posted: Thu Jun 26, 2008 8:03 pm Post subject: Janus Funds

Discusses the recent turnover at Janus as well as the company's strategy:

http://www.bloomberg.com/apps/news?pid=20601213&sid=axZpFIsvimO8&refer=home

Quote:

``We had long-only equity products,'' said Zimmerman, the firm's former head of institutional sales, referring to funds that bet a stock's price will rise. ``The equity allocation from institutional investors isn't going to grow any longer. They're going to move more to alternative investments and quantitative.''

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