Janus CEO quits following market trading investigations

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US - The market-timing scandal hitting the US mutual fund industry claimed more casualties today as Richard Garland, CEO of Janus International and managing director of Janus Global Adviser quit the beleagured firm.

The news follows yesterday’s announcement by CalPERS, the world’s biggest pension fund, that it had dumped Putnam Investments from its roster following earlier fraud charges. Garland resigned fo...

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