Bond king retires after a pauper’s year

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Bond king retires after a pauper’s year

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A logo sign outside of a facility occupied by the Janus Henderson Group in Denver, Colorado, on July 23, 2018. (Photo by Kristoffer Tripplaar/Sipa USA) | Kris Tripplaar/SIPA USA/PA Images

Portfolio manager Bill Gross, regarded as a legend of the fixed income investment world, announced his retirement on Monday, after a torrid year for the global unconstrained bond fund he managed at Janus Henderson Investors.

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