Janus Henderson has made portfolio manager changes to strategies accounting for over $4.3 billion in assets.
The firm has appointed Nick Schommer to the $2.8 billion Janus Henderson Contrarian fund where he has replaced Daniel Kozlowski as sole manager, according to a Securities and Exchange Commission (SEC) filing.
Kazlowzki is leaving the firm and will be on transistion for the next month, according to a Janus spokesman.
He joined Janus in 2000 and prior to this, worked at Arthur Andersen, LLP and Ariel Capital Management.
This past year, the Janus Henderson Contrarian fund has returned 18.6% in comparison to the average multi-cap core fund which returned 15.4% over the same period.
It's longer term record is less impressive with a three-year total return of 4.8% in comparison to the average multi-cap core fund which returned 22.3% over the same period.
Schommer joined Janus in 2013 after he spent a year working at Thornburg Investment Management as an assistant portfolio manager.
Separately, Kristi Guay has been appointed to the $9.3 million Janus Henderson US Growth Opportunities fund, according to a SEC filing.
Guay joined Geneva Funds in 2016 after working as a senior portfolio manager at Washington Capital Management from 2005. Henderson acquired Geneva funds in 2014.
In February, Picard was also taken off of the $620.4 million Nationwide Geneva Small Cap Growth fund and the $965.6 million Nationwide Geneva Mid Cap Growth fund, initially going on leave before deciding to leave the firm, according to a Janus spokesman.
Jose Munoz has been promoted from senior analyst and will replace her on the Nationwide Geneva Small Cap Growth fund and the Nationwide Geneva Mid Cap Growth fund.