People Moves
Janus Capital Group Builds Out Investments Team
Janus Capital Group has added Myron Scholes and Ashwin Alankar to its investment team as chief investment strategist and head of asset allocation and risk management respectively.
Janus Capital Group has added Myron Scholes and Ashwin Alankar to its investment team as chief investment strategist, and head of asset allocation and risk management, respectively.
Scholes and Alankar will report to Enrique Chang, Janus' chief investment officer of equities and asset allocation. The pair are experts on global risk, economics and finance, Janus said.
As Janus' CIS, a newly-created position, Scholes will partner with the Janus investment team, contributing macro insights and quantitative analysis specific to hedging, risk management and portfolio construction. He will also spearhead Janus' asset allocation product development.
Alankar, meanwhile, will define short- and long-term approaches to asset allocation and serve as lead portfolio manager for the Janus Global Allocation Funds, as well as have day-to-day responsibility for leading and advising on risk management.
Scholes is currently chairman of the board of Economic Advisors of Stamos Partners and was previously chairman of Platinum Grove Asset Management. Additionally, he was a principal and limited partner at Long-Term Capital Management and a managing director at Salomon Brothers.
Alankar was most recently co-CIO of AllianceBernstein's tail risk parity products and a senior portfolio manager and senior vice president. Prior to joining AllianceBernstein, he spent seven years at Platinum Grove Asset Management, where he was a partner and portfolio manager responsible for equity trading and research.
Janus Capital Group is a global investment firm with three independent managers: Janus Capital Management (Janus), INTECH Investment Management and Perkins Investment Management.
At the end of March 2014, JCG managed approximately $174.1 billion in assets for shareholders, clients and institutions globally. Based in Denver, CO, JCG also has offices in London, Milan, Munich, Singapore, Hong Kong, Tokyo, Melbourne, Paris, The Hague, Zurich, Frankfurt, Dubai and Taipei.
