(Bloomberg) -- The client redemptions that plagued Bill Gross at his old job have followed him to his new one as well.
Grosss Janus Global Unconstrained Bond Fund suffered its first month of net withdrawals since he joined, with clients pulling $18.5 million from the fund in February, Chicago-based research firm Morningstar Inc. estimated. The redemptions left $1.45 billion in assets in the fund, which declined 0.8% this year to trail 96% of similarly managed funds, Morningstar said.
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