(Bloomberg) -- David Corkins is turning around Janus Capital Group Inc.'s flagship mutual fund and beating the returns of his biggest competitors at Fidelity Investments, American Funds, Vanguard Group Inc. and Legg Mason Inc.
Corkins, who took over the $12 billion Janus Fund 15 months ago, reduced the number of stocks he invests in by a third, sold the worst performers and invested in companies with the fastest growth in cash flow to produce returns of 9.2 percent so far this year.
Read more at Bloomberg Exclusive News
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