Janus Contrarian fund manager expects oil to fall further

April 1, 2015 6:54 PM

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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.

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