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Soros pulls US$490m from Gross fund

Redemption deals blow to Janus and Bill Gross's bid to prove himself post-Pimco

Performance of Janus's Unconstrained fund, run by Bill Gross, has trailed peers

New York

JANUS Capital Group Inc took out an advertisement a year ago to trumpet a US$500 million investment by George Soros in a fund managed by Bill Gross, weeks after the bond guru was ousted by Pacific Investment Management Co and joined the Denver-based firm.

"An honour to be...

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