Gross’s Janus Fund Attracted Estimated $769 Million
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Bill Gross’s main bond fund at Janus Capital Group Inc. received an estimated $769 million in new money last month, bringing assets above $1 billion.
His Janus Global Unconstrained Bond Fund reported assets of $1.21 billion as of Nov. 28. That’s an increase from $442.9 million from the prior month. The fund returned 0.38 percent in the month, according to data compiled by Bloomberg.