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Janus Capital Group Inc Grabs Bill Gross: What Do The Experts Think?

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Janus Capital Group Inc Grabs Bill Gross: What Do The Experts Think?
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Janus Capital Group Inc (NYSE: JNS) is one of Friday's big stock market winners after Bill Gross, founder of PIMCO and its most noteworthy executive for four decades, announced he is heading to work for the Denver-based firm.

In a note to clients, Janus Chief Executive Officer Richard Weil announced Gross's hire, adding that the bond guru will help "build out a new Global Macro Fixed Income business and he will be named the Portfolio Manager of the recently launched Janus Global Unconstrained Bond Fund," effective October 6.

Gross will also work closely with Myron Scholes, Weil said.

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So, what do experts and other members of the financial media think?

Doug Kass had quite a bit of insight to share in only a couple tweets:

Others joined the party too:

Felix Salmon even issued a tweet storm of his own:

And, best of all, Josh Brown responded:

Disclosure: At the time of this writing, the author had no position in the equities mentioned in this report.

Posted-In: Bill Gross Janus Janus Capital Group Myron Scholes PIMCOAnalyst Color Crowdsourcing General Best of Benzinga

 

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