A combined 30 years of company service will leave Janus Capital Group
at the end of the month. Claire Young
and Blaine Rollins
-- portfolio managers for the Janus Olympus Fund
and Janus World Funds Plc -- U.S. All Cap Growth Fund
, and the Janus Triton Fund
, respectively -- plan to retire on June 30, the Denver-based investment management company announced
Portfolio manager Ron Sachs
of the Janus Orion Fund
, who has spent the past decade at Janus, will take over management of the Olympus Fund and World Funds Plc from Young, while continuing to manage the Orion Fund, as he has done since its launch six years ago.
Rollins will be succeeded at the year-old Triton Fund by Chad Meade
and Brian Schaub
, two Janus research analysts.
Janus CEO and chief investment officer Gary Black
mourned the departure of the two veteran fund managers, while praising their successors.
"Claire and Blaine have had long, distinguished careers at Janus and we wish them well in their future endeavors," Black said in the release. "Although we'll miss them, they leave behind a strong team with exceptional talent that is ready to deliver for shareholders."
Young and Rollins have been with Janus for 14 and 16 years each, respectively.
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