This week's notable events and moves:
The move by Janus to bring in Bill Gross from Pimco continues to pay off, as his main bond fund received an estimated $769 million in November, bringing total assets to over $1 billion, Bloomberg reports. As of Nov. 28, Janus Global Unconstrained Bond Fund reported assets of $1.21 billion, an increase from $442.9 million from October. Bloomberg notes the fund returned 0.38% in November. Janus said it had about $1.1 billion in U.S. mutual fund deposits in October, the first time in more than three years that clients added net new money. Gross's fund launched in May, and has attracted investors including a $500 million mandate from a vehicle managed by Quantum Partners. The fund has outperformed similar funds in November by 85%, according to Bloomberg.