David Corkins certainly has a knack for timing. He left the helm of Janus Capitals flagship Janus Fund at the end of 2007 and has waited out the financial crisis the past year.
Now, he told Rocky Mountain News, is the perfect time to launch his own firm, Arrowpoint Asset Management. And already, he has raised $1.2 billion for 11 accounts.
Corkins joined Janus in 1995 with a B.A. from Dartmouth and an MBA from Columbia University. Eleven years later, he was managing Janus Fund.