Janus Henderson Sees Investors Pull Out $8.4 Billion in Quarter
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Janus Henderson, the money manager that parted ways with Bill Gross after a bout of underperformance from the bond legend, has seen investor withdrawals accelerate across most strategies.
The firm saw outflows almost double in the fourth quarter to $8.4 billion, with many of the withdrawals coming from its equity funds. Investors pulled $4.1 billion from Janus Henderson’s equity funds compared with redemptions of $1.3 billion from its bond funds.