Janus Capital Group Inc. has launched an international equity fund.
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The Janus Adviser International Equity Fund, introduced Tuesday, seeks long-term growth of capital by investing in non-U.S. companies. The fund limits investments in emerging markets to 15% of its holdings and maintains both sector and country exposures within a 10% range of those in the Morgan Stanley Capital International Europe, Australasia, and Far East Index.
Julian Pick, Doug Kirkpatrick, and Laurent Saltiel, three portfolio managers at the Denver investment manager, will manage the fund.
Janus had $158.3 billion of assets under management as of Sept. 30.
