Janus, God of Growth and (Now) Value

The growth gurus at Janus will soon try their hand at another game: picking value stocks.

Janus Strategic Value, to be launched in January, will be the hard-charging growth shop's first value-oriented mutual fund. The fund will be managed by David Decker, who now runs Janus' (JASSX Quote)Special Situations fund.

Janus has been a no-brainer for growth investors. Over the last five years, the firm's flagship (JANSX Quote)Janus fund and the Janus (JAVLX Quote)Twenty fund ganged up on the S&P 500, took it out to the woodshed and gave it a whooping with annualized returns of 28.7% and 39.1%, respectively. The index returned an annualized 27.2% over that same period. ...