Gross gets co-manager as Janus acquires Australian asset manager
Janus Capital has acquired fixed income asset manager Kapstream Capital, in a move which sees Bill Gross gain a co-manager on his Unconstrained Bond fund.
Janus has acquired a majority interest in Australia-based Kapstream for an initial cash consideration of $85m, with the option to purchase the remaining 49% of the company in future. The deal brings Janus...
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