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Bill Gross's fund at Janus posts first monthly outflow in February

Monday, March 9, 2015 - 23:29

[NEW YORK] Investors pulled US$18.5 million from Bill Gross's Janus Global Unconstrained Bond Fund last month, the first such cash withdrawal since taking over the portfolio in October, Morningstar said on Monday.

Mr Gross, who built Pimco into one of the largest investment firms in the world, resigned from there on Sept 26 to join Janus Capital Group Inc.

REUTERS