Yet Another Manager Exits Janus

The 14^th fund manager to leave Janus since the beginning of 2006 is . . . Minyoung Sohn, manager of the $6.9 billion Janus Growth and Income Fund, the Rocky Mountain News reports. Sohn, who told Janus “it was the right time to move along,” said Janus spokeswoman Shelley Peterson, will be replaced by Marc Pinto. No news yet of where Sohn is moving.

Last month, Janus indicated that David Corkins, who runs the flagship Janus Fund, will be leaving, and in August, news came that Scott Schoelzel, who oversees the Janus Twenty Fund, will be gone by the end of the year.

The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.