Janus Contrarian fund manager expects oil to fall further

April 1, 2015 6:54 PM

14 0

NEW YORK, April 1 (Reuters) - Energy stocks have further to fall before they look attractive, according to a fund manager who has made his name investing in out of favor companies.

Daniel Kozlowski, portfolio manager of the $4.6 billion Janus Contrarian fund, is not adding oil-related stocks to his portfolio despite the price of crude dropping about 50 percent since last June.

Also read: Ric Flair Sues Ex-Manager, You Stole My '30 for 30' Money!

Read more

To category page