Janus Capital Group has launched a new mutual fund that utilizes hedge fund trading tactics, according to a report from The Wall Street Journal.

Called the Janus Adviser Long/Short Fund, it is the first of it sort for the Denver-based asset manager, which continues to redefine itself after the losses it suffered in the tech crash and scandal. Earlier this month, for example, Janus shareholders voted to add performance-based fees to some of its stock and bond funds, another move that, at least coincidentally, is very hedge fund-like.

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