Janus expands presence in Asian markets

Janus Capital Group has launched a US large-cap value fund for Hong Kong investors in a bid to further boost its presence in Asian markets. The fund will be managed by Ed Walczak of Vontobel Asset Management, who has run the US version since it was first unveiled 14 years ago. Walczak's said: "I look for quality companies at reasonable prices," he said. "I also run a concentrated portfolio of between 20 and 30 stocks from a universe of 100 companies meeting my criteria." The launch also represents an international expansion of the relationship between Janus and Vontobel following an agr...