Bill Gross Fares Worst Among Go-Anywhere Bond Fund Managers in Selloff

(Bloomberg) Bill Gross was having a mighty good 2018, until he wasn’t.
Gross’s $2.2 billion Janus Henderson Global Unconstrained Bond Fund fell 0.83 percent as markets plunged Monday — its biggest drop since Dec. 30, 2016, and the worst one-day performance in Morningstar Inc.’s nontraditional bond category among 64 funds with at least $20 million in assets. The swing reversed the fund’s year-to-date total return to a loss of 0.4 percent from a gain of 0.4 percent.

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