Fed's Caution Propels Euro to One-Month High -- Update
New Class of Mutual Fund Shares in Limbo as 'Fiduciary' Rule Is Delayed
How will this affect investors?
Former bond king's fund at Janus Capital Group attracted a big chunk of new investor money in April, before the fund was hit by a selloff in bonds.
Morningstar's assessment of fund and stock stewardship can help investors find companies run by those who have investors' best interests at heart.
We'll be monitoring how these firms adapt to the rapid growth of ETFs and the continued risk aversion of investors.
Janus' asset growth could be significant—and does raise our fair value estimate for the firm—but it also faces some hurdles.
We’re placing PIMCO parent Allianz under review as we assess the impact of the a potential flood of outflows that could follow Bill Gross to Janus.
Even with the baggage that Gross brings with him from the turmoil that has surrounded PIMCO over the past year or so, we see the move as a likely positive for Janus Capital Group shareholders.
This fund company is trying to right the ship.