Bill Gross's Vanity Fund Mostly Harms Himself

Ted

FYI: When Janus Henderson Group Plc hired Bill Gross in 2014, it probably expected to quickly become a force in the active fixed-income mutual fund world. After all, Gross was named “Manager of the Decade” by Morningstar Inc. in 2010 for steering the Total Return Fund at Pacific Investment Management Co., which at one point amassed almost $300 billion of assets.

Instead, the Janus Henderson Global Unconstrained Bond Fund is looking more and more like a vanity project for Gross and potentially the last stop for the 74-year-old billionaire.
Regards,
Ted
https://www.fa-mag.com/news/bill-gross-s-vanity-fund-mostly-harms-himself-42755.html?print

Mark

My, my how the mighty have fallen. Sure am glad I stayed with Ivascyn et.al when he took the cuckoo train to Denver.

Graust

A-men!