Janus Capital acquires majority interest in Kapstream

July 1, 2015 12:51 PM

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NEW YORK, July 1 Janus Capital Group said Wednesday that it had acquired a majority interest in Kapstream Capital Pty Limited and that Kapstream's Kumar Palghat will support Bill Gross as co-portfolio manager of the Janus Global Unconstrained Bond strategy.

Gross will remain the primary portfolio manager of the Janus Global Unconstrained Bond strategy, the company said.

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