Janus Expects To Lose $4.5B In Institutional Assets http://biz.yahoo.com/djus/040305/1754000836_1.html "Janus said in a news release Friday that the outflows will be the result of end-of-year evaluations by institutional clients who have decided to move their money elsewhere. " Do you think this is hinting and that the smart money is starting to bail on the market? --MIKE
Nope, Just bailing on Janus. They have lost most of their most skilled managers and are just treading water as far I am concerned. Loooosers!!!!!
This is why they are bailing on Janus. http://www.yourlawyer.com/practice/overview.htm?topic=Janus Mutual Funds
I guess it would be impossible for you to even consider ( especially given your perma-Bear bias ) that institutional holders of Janus might just be leaving Janus as a portfolio manager, and not the market. My next guess is that you will somehow theorize that this must mean that Janus will have to sell their positions in order to allow customers to leave the Fund . . . :eek: