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ALIZF Allianz Ag Muenchen Namen (PK)

280.05
0.0098 (0.00%)
14 Aug 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Allianz Ag Muenchen Namen (PK) USOTC:ALIZF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.0098 0.00% 280.05 280.05 295.00 280.05 280.05 280.05 20 21:00:59

Janus Fund Managed by Bill Gross Attracted $66.4 Million in September

08/10/2014 4:27pm

Dow Jones News


Allianz Ag Muenchen Namen (PK) (USOTC:ALIZF)
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By Kirsten Grind 

Investors moved $66.4 million into the new bond fund managed by Bill Gross at Janus Capital Group Inc. in September, according to data released Wednesday by fund research firm Morningstar Inc.

Most of the inflows for the month likely came in the two business days after Mr. Gross's surprise departure from Pacific Investment Management Co. on Sept. 26.

The Janus Unconstrained Bond fund's assets under management swelled from about $13 million at the end of August to $79.1 million, according to Morningstar.

While that represents a more than 500% increase in the fund's assets in a short period, it's far less than the net $23.5 billion that investors pulled in September from Mr. Gross's former Total Return fund at Pimco.

A spokesman for Janus didn't immediately return a request for comment.

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