BOSTON/NEW YORK (Reuters) – Before hiring star bond fund manager Bill Gross last month, Janus Capital Group Inc (JNS.N) Chief Executive Dick Weil took care to check with the bond chief he already had, Gibson Smith. Smith said he has embraced the idea, despite concerns in the industry that Gross may not be enough of a team player. Smith said on Tuesday he plans to stay at Janus, with his team intact, after Weil said continuity was important. Weil “wanted to maintain what we have built and not do anything disruptive,” Smith said.
Published in TZ Latest News 7 October, 2014 by The TZ Newswire Staff
A thousand miles apart, Janus bond chief Smith embraces Gross
Published in TZ Latest News 7 October, 2014 by The TZ Newswire Staff
A thousand miles apart, Janus bond chief Smith embraces Gross
BOSTON/NEW YORK (Reuters) – Before hiring star bond fund manager Bill Gross last month, Janus Capital Group Inc (JNS.N) Chief Executive Dick Weil took care to check with the bond chief he already had, Gibson Smith. Smith said he has embraced the idea, despite concerns in the industry that Gross may not be enough of a team player. Smith said on Tuesday he plans to stay at Janus, with his team intact, after Weil said continuity was important. Weil “wanted to maintain what we have built and not do anything disruptive,” Smith said.