Janus Looks to Increase ETF Footprint With VelocityShares Buy
October 13, 2014 at 11:30 AM EDT
Janus Capital (NYSE: JNS), the mutual fund manager that recently hired bond legend Bill Gross, is making a foray into the exchange traded products industry with its $30 million acquisition of VelocityShares. Founded in 2009, VelocityShares is managed by Nick Cherney, Richard Hoge and Steve Quinn....