Janus markets US REIT

A US equity product with a high income sparks interest despite the groupÆs PR debacle.

Janus International, a unit of Denver-based Janus Capital Group, is promoting a real estate investment trust focused on the US market to Asian investors, hoping its hot product will compensate for a public relations disaster in the United States.

William Schaff, a portfolio manager based in Oakland, California, has completed a Hong Kong visit en route to Tokyo, the main focus of his Asian tour to promote the Dublin-listed US Reit Fund.

We're marketing this in Asia because of the product demand, especially in Japan, where investors need US equity product with a high income, Schaff says.

The visit coincides with a decision by funds rating agency Morningstar to...

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