Janus Capital has launched a U.S. large-cap value fund in Hong Kong, the company announced Monday.

The fund, Janus World U.S. Value Fund, besides representing Janus’ "commitment to providing Asian retail and institutional investors with a broader range of investment strategies," is another stepping stone in the relationship between Janus and Vontobel Asset Management, two companies that made a deal last year to work together. Ed Walczak, who manages the U.S. equivalent of the new fund and has since its introduction in 1990, will also handle the international cousin.

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