Fund Times: Janus Manager Steps Down
Plus news on Harris Associates, Harbor, Calamos, Oak Associates, and more.
Karen Reidy, manager of Janus Balanced (JABAX) and Janus Core Equity (JAEIX), announced that she has decided to relinquish her portfolio management duties. She has managed both funds since January 2000.
Effective May 1, 2005, Marc Pinto and Gibson Smith will take over the Balanced fund. Pinto is a longtime institutional equity portfolio manager at Janus, and Gibson Smith is head of Janus' fixed-income department and manager of Janus High-Yield (JAHYX) and Janus Short-Term Bond (JASBX). Minyoung Sohn, manager of Janus Growth & Income (JAGIX), will take over management responsibilities for Janus Core Equity.
Dieter Bardy does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.