As the US Federal Reserve finally turns off the money printing presses, veteran investor Bill Gross has warned the global economy cannot survive without the support of quantitative easing.
Bill Gross has said that having too many decision makers in an asset management business can be detrimental to portfolios, following his sudden departure from PIMCO.
Fixed income boutique MacKay Shields has hired Matthew Nagele, previously at Janus Capital Group, as head of distribution for UK and EMEA.
Janus Capital has poached Premier's Alan Glendon to become sales director for UK financial institutions.
US-based Janus Capital has replaced the manager of its US Twenty fund Ron Sachs, who will exit the group this month.
Janus Capital Group's fixed income team has reduced the credit weighting and high yield exposure across its Core Plus bond strategy.
Janus Capital has launched a Global Flexible Income fund for managers Gibson Smith, Darrell Watters and Chris Diaz.
US multi-cap equity specialist John Eisinger has left Janus Capital, Investment Week understands.
Janus Capital International, the international arm of Janus Capital Group, has appointed Matthew Nagele as head of UK for its European business.