Janus Sees Big Flows With Gross Under Roof

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 play again. As the firm where Gross hangs his...