Lack Of Followers To Janus Just Means Bill Gross Can Give The Truly Loyal Ones Extra Special Attention


We're talking individualized monthly outlook letters. We're talking autographed, limited-edition photos of Bill and Bob doing things together around the house.

Investors haven’t yet followed Bill Gross en masse to his new home. Mr. Gross’s new bond fund at Janus Capital Group Inc. took in a net $66.4 million in September, according to data released Wednesday by fund research firm Morningstar Inc. That is a sliver of the $23.5 billion that poured out of his former fund, Pimco’s Total Return, after his surprise departure on Sept. 26.

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