Gross sees biggest inflows in over a year as Janus fund outperforms

Took $144m in May

Bill Gross saw inflows into his Janus Global Unconstrained Bond fund reach their highest level in over a year last month as the vehicle continues to outperform peers year to date.

According to Bloomberg, investors put around $144m into the $1.4bn fund, the highest amount of new money going into the veteran manager's product since December 2014. Year to date, the fund, which Gross (pictured) co-manages with Kumar Palghat, is up 3.3%, outperforming 76% of its peers.  The fund has returned 2.3% since Gross took over in October 2014 after leaving PIMCO, the company which he co-founded in 1972. In an outlook earlier this month, Gross said the era of 7.5% annualised investment gains has ended as a result of slowing global growth and loose central bank policy. G...