MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, November 24, 2014 Gross Wins a $500MM Mandate From a Fellow Billionaire Bill Gross continues to make headlines, this time thanks to a fellow billionaire. Last week the folks at Gross' new home, Janus [profile], confirmed (and Gross tweeted) that Quantum Partners, a private investment vehicle managed by George Soros' Soros Fund Management, invested $500 million in a separate account version of the $442.9-million Janus Global Unconstrained Bond Fund now PMed by Gross. Gross joined Janus at the end of the September. Barron's, Bloomberg, Business Insider, the Denver Business Journal, the Financial Times, the Los Angeles Times, Money, Reuters, and the Wall Street Journal all covered Gross' win. Soros Fund Management manages about $28 billion in total, the WSJ notes. Printed from: MFWire.com/story.asp?s=50229 Copyright 2014, InvestmentWires, Inc. All Rights Reserved |