Thursday, January 06, 2011
Janus Launches a Pair of Funds
Reported by Armie Margaret Lee
Janus Capital Group
had two mutual fund launches last week. The Denver-based firm rolled out the Janus Global Bond Fund
and Janus Emerging Markets Fund
. Both products hit the market on December 28.
Company Press Release
January 6, 2011
JANUS LAUNCHES JANUS GLOBAL BOND FUND AND JANUS EMERGING MARKETS FUND
DENVER – Janus Capital Group Inc. (NYSE: JNS) today announced the launch of Janus Global Bond Fund and Janus Emerging Markets Fund. The new funds will leverage Janus' long history of investing in global markets and represent the firm's first stand-alone strategies in the global credit and emerging market equity categories.
Janus Global Bond Fund was launched on December 28, 2010. The Fund, which is co-managed by portfolio managers Gibson Smith and Darrell Watters, will utilize a fundamentally driven process focused on creditoriented
investments around the world. The primary benchmark for Janus Global Bond Fund is Barclays Capital Global Aggregate Bond Index. Smith, who also serves as Janus' Co-CIO and head of fixed income, says this Fund is a natural extension of Janus' credit-driven approach to fixed income investing and will offer an
alternative to many of the macro-driven strategies that dominate the global fixed-income marketplace.
"Our global bond fund extends the same bottom-up research process that we have used for more than two decades here in the U.S. to the European and Asian markets," said Smith. "With our credit-oriented approach, we're
looking for companies that are going through a positive fundamental transformation of their capital structure, and
thus present the best risk/reward opportunities for our clients."
Janus Emerging Markets Fund, also launched on December 28, 2010, will invest in emerging market securities and will be benchmarked to the MSCI Emerging Markets Index. Jonathan Coleman, who serves as Janus' Co-
CIO and head of equity, believes that Janus' significant investment experience in emerging markets could provide an advantage in a rapidly changing world.
"We have been investing in emerging markets in our diversified equity funds for more than a decade and we think there continues to be a multitude of potential long-term investment opportunities going forward. We believe our wealth of experience in this area gives us a distinct advantage and that this fund could be an attractive option for
investors," Coleman said.
The Fund is managed by co-portfolio managers Wahid Chammas and Matt Hochstetler. Chammas, who also
serves as co-portfolio manager of Janus Europe Fund, is based in London. He also is an equity analyst at Janus,
focused on stocks in the leisure and tobacco industries since 2005. Hochstetler, who also joined the firm in 2005,
also is an equity analyst, focused on emerging markets with an emphasis on Latin America.
The portfolio managers will invest in securities of issuers in emerging market countries including, but not limited to, those that are primarily listed on the trading market of an emerging market country or are incorporated or have
their principal business activities in an emerging market country. They seek quality companies with sustainable competitive advantages and high or improving returns on capital. For more information, please visit www.janus.com
About Janus Capital Group Inc.
Janus Capital Group Inc. (JCG) is a global investment firm offering strategies from three individual investment
boutiques: Janus Capital Management LLC (Janus), INTECH Investment Management LLC (INTECH) and Perkins
Investment Management LLC (Perkins). Each manager employs a research-intensive approach that is distinct within
its respective asset class. This multi-boutique approach enables the firm to provide style-specific expertise across an
array of strategies, including growth, value and risk-managed equities, fixed income and alternatives through one
common distribution platform.
At the end of September 2010, JCG managed $160.8 billion in assets for shareholders, clients and institutions
around the globe. Based in Denver, JCG also has offices in London, Milan, Munich, Singapore, Hong Kong, Tokyo
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