Janus Capital Group has appointed Enrique Chang chief investment officer of equities and asset allocation. In this new role for the firm, Chang will oversee Janus’ equity, risk management and alternatives teams and will help develop multi-strategy portfolio products.
Chang will assume the management of the equity investment team, a role currently held by Jonathan Coleman. At Coleman’s request, he will focus solely on portfolio management; he has been named Head of Growth Equities, according to the firm. Chang, who will join Janus in September following a garden leave, will report to CEO Richard Weil.
For the last six years, Chang served as chief investment officer and executive vice president at American Century Investments. Previously, Chang was president and chief investment officer for Munder Capital Management.
“Enrique has a proven track record of working collaboratively with investment teams to ensure that portfolio solutions are anticipating clients’ needs,” stated Weil. “He will provide the support necessary for Jonathan to concentrate on investing and maintain the continuity of Janus’ investment philosophy and process within our growth equity franchise.”
At the end of December 2012, Janus managed some $157 billion in assets for shareholders, clients and institutions worldwide.