Janus Capital Says William Gross To Join The Company, Effective Sept. 29

(RTTNews) - Janus Capital Group Inc. (JNS) announced that William Gross will be joining Janus Capital Group, effective September 29, 2014. He will begin to manage a recently launched Janus Global Unconstrained Bond Fund and related strategies, effective October 6, 2014.

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's efforts in global macro fixed income strategies, the company said.

His concentration on such strategies will be separate and complementary to Janus' existing and highly successful credit-based fixed income platform, built under the leadership of Janus' Fixed Income Chief Investment Officer, Gibson Smith.