Bill Gross’s fund is up for the year – and he bet on some risky securities to get it there.
The one-time bond guru has racked up disappointing returns since an ugly power struggle prompted him to leave Pimco for Janus Capital. But his Janus Global Unconstrained Bond fund is up 2.1% this year through to March 30, topping a slight decline for its peers and a loss of 0.6% for a rival at Pimco.
