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Gross will give up his role of Chief Investment Officer at Pimco for a less demanding role at Pimco.
Gross noted: “Today, with a mixture of excitement and sadness, I am announcing that I have decided to join Janus Capital Group and end my association with PIMCO.”
Starting Monday, October 6 Gross will begin managing the Janus Global Unconstrained Bond Fund (JUCAX).
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