Janus Attracts More Than $1B in Two Funds as Gross Joined

Janus Capital is attempting to regain its former success by hiring renowned bond manager Bill Gross. The firm, once heavily invested in tech stocks, suffered during the dot-com bust and has faced recent challenges like underperformance and employee departures. By bringing in Gross, Janus aims to attract investors and revitalize its portfolios.

What significant action did Janus Capital take to attract investors?

• Merged with another investment firm

• Increased its focus on real estate

• Hired a renowned bond manager

• Launched a new tech stock fund

What was Janus Capital known for before the dot-com bust?

• A concentration in tech stocks

• A large portfolio of government bonds

• Investments in emerging markets

• A focus on real estate investments

What major event negatively impacted Janus Capital's performance?

• The 1997 Asian financial crisis

• The dot-com bust

• The 2020 pandemic

• The 2008 financial crisis

How has Janus Capital's asset management changed since the year 2000?

• It has doubled its assets

• It manages slightly more than half the assets

• It has maintained the same level of assets

• It has completely divested from tech stocks

What is Janus Capital's hope for the future after hiring Bill Gross?

• To focus solely on tech stocks

• To attract new investors and revitalize portfolios

• To merge with a larger firm

• To exit the bond market entirely