Janus Capital Group announced a number of portfolio management changes on Monday. The firm has named Doug Rao portfolio manager of Janus Forty Fund and Aspen Forty Portfolio, replacing Ron Sachs, who has decided to leave the firm, effective May 31, 2013. Replacing Sachs as portfolio manager of Janus Twenty Fund is Marc Pinto, a 19-year veteran of Janus’ large-cap growth equity investment team.
Meanwhile, effective May 13, 2013, Jonathan Coleman has been appointed portfolio manager of Janus Triton Fund. In addition, Coleman and equity research analyst Maneesh Modi have been named co-portfolio managers of Janus Venture Fund. Coleman and Modi replace Chad Meade and Brian Schaub, who are leaving the firm; they will work with Coleman and Modi in the coming weeks to transition the portfolios.