Janus Capital Group portfolio manager Karen Reidy is giving up managing two mutual funds worth more than $3bn (€2.3bn) to consider "a strategic role" working for the company's chief executive.

Reidy, who joined Janus 10 years ago, was in charge of the Janus balanced fund and the Janus core equity fund.

Janus's Reidy steps back from managing $3bn funds

Jason Corcoran

Janus Capital Group

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