E-mail May Implicate Janus
Janus Clients Planned To Time Trades. Janus knew in June of at least five clients who were timing or planned to time trades in the company's mutual funds, according to an internal e-mail obtained by New York Attorney General Eliot Spitzer. The Janus e-mail, found during Spitzer's investigation into the mutual fund industry, is … [Read more...]
Janus’ $150 Billion Problem
Janus Brutal Losses After The Bubble Burst. Investors in Janus funds who have stuck with the firm through thick and thin have been repaid with the double blow of injury and now insult. First, Janus' dangerous concentration in tech and telecom companies resulted in brutal losses after the bubble burst in 2000. Second, as … [Read more...]
