Like the long graduated ex-captain of the football team revives his glory days at the local bar, Janus
] tries to stay in the game.
Ellen Kelleher writes that six Wall Street analysts are calling for investors to sell its stock, concerned that its sure price will fall further. Janus has lost more than $7 billion in its equity funds and more than $2 billion from its flagship, Kelleher writes, since the beginning of 2013 and the end of July.
Janus' assistant treasurer and director of investor relations, John Groneman
, was quoted as saying to Kelleher that bearish analysts are taking a one-sided view and not considering that new managers have joined the company.
For example, Hiroshi Yoh is overseeing the Janus' Asia Equity Fund and Emerging Markets Fund and George Maris is in charge of Janus Global Select
. Dan Kozlowski is also a new hire, working as manager of Janus Contrarian
, Kelleher writes.
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