Janus Capital Management announced yesterday Helen Young Hayes, portfolio manager of Janus Worldwide Fund and managing director of investments, will resign from her daily responsibilities, effective June 16.

Laurence Chang, co-manager of Janus Worldwide Fund, and Brent Lynn, co-manager of Janus Overseas Fund, will assume lead management responsibility. In order to ensure a smooth transition, Hayes will remain on staff for the remainder of the year, at which time she will retire from asset management business completely.

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