Janus Sees Big Flows With Gross Under Roof

HFA Padded
Mark Melin
Published on
Updated on

When Bill Gross was being shown the door at Pimco, the firm he founded, many high level employees were said to be complaining behind closed doors about the then “Bond King’s” staggering compensation, some of which made it into the public realm. Gross responsible for bringing in the AUM When defending himself, Gross was said to have made the primary point that he was responsible for bringing in the assets under management. He didn’t talk about performance first, he addressed his role as rainmaker. That rainmaker role, which is typically a highly compensated position among fund superstars, is back in…

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HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.