Skip to main content

Janus Warns Shareholders On Effects Of Hurricane Bill

  • Author:
  • Updated:

Luring the Triple Crown of Newport Beach to Denver comes at a cost.

Janus Capital warned its shareholders they will see higher compensation expenses next year, as the company throws its resources behind Bill Gross and his new bond fund... Denver-based Janus called his arrival a “game-changer” for the asset manager on Thursday. But executives on its quarterly earnings call were more explicit about the potential costs of his arrival than they were about the potential inflows they expect into his new fund. The ratio of compensation expenses to company revenue, which was 39.6 per cent in the third quarter of 2014, will rise next year, most likely hurting Janus’s overall operating margin, chief financial officer Jennifer McPeek told analysts.

Janus shareholders braced for Gross pay costs [FT]


Bill Gross Writes New Page In The Annals Of Investing History

August 24, 2015: A day that will live in infamy.

What Does Bill Gross Think About When He's On The Can? He's Glad You Asked [VIDEO]

Naturally, he's written hundreds of words on this and other matters in his monthly outlook letters.

Bill Gross's Comeback Is Underway

Depending on how you look at things.

Bill Gross Recommends Golden Retrievers

Apparently Bob Gross the Cat wasn't the only four-legged creature that took up real estate in Gross's heart (though she was the only one entrusted with making investment decisions for his firm).

The State Of California Will Have To Pry Bill Gross's 90 Minute Long Showers From His Cold, Lifeless Hands

The bond manager apparently has a transcendent shower and if anyone thinks he's gonna give that up because of a little drought in California, they oughta think again!