Yee, who managed the Janus Global Opportunities Fund, succeeds portfolio manager Laurence Chang, who is leaving the company, Janus said. The worldwide portfolio is a global stock fund that has performed below its benchmark for three years.
The worldwide fund was down 3.3% this year, and its benchmark, the Morgan Stanley Capital International World Index, is up 3.4%. Since June 2003, the worldwide fund is up 15.7%, while its benchmark is up 23.5%. For the past three years, the Janus fund is down 8.36% annually and the benchmark down 0.9% annually.
Yee has managed the global opportunities portfolio since it was started in June 2001.
