Manager of Janus' Flagship Fund Leaving

David Corkins, manager of five Janus funds, including the flagship Janus Fund, and a 12-year veteran of the firm, will be leaving by the end of the month to pursue other opportunities, the company announced Friday. Jonathan Coleman, manager of the Janus Enterprise Fund an a co-chief investment officer at the firm, will take over the funds for Corkins.

In August, veteran manager Scott Schoelzel said he would be leaving by year-end. Since early 2006, about half of Janus’ fund managers have left.

“David built an exceptional track record at Janus as one of the industry’s preeminent growth managers, and we wish him well in his future endeavors,” said Janus CEO Gary Black. “Like David, Jonathan is a classic growth investor who pays close attention to fundamental analysis and building a well-diversified portfolio. I’m confident that his proven stock-picking acumen and discipline will serve him well in running Janus Fund.”