Janus Eyes Hedge Funds to Help Reverse Outflows
July 11, 2005
Janus Capital is considering using hedge funds to help balance its product offerings, its new chief financial officer said.
"Hedge funds are a good example of something we're looking at," said David R. Martin, who joined the Denver fund company last month from a similar post at Charles Schwab in San Francisco.
Martin plans to vet any acquisition targets to make sure they make sense financially and strategically.
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