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George Soros Just Gave Bill Gross $500 Million To Play With
So, it looks like George Soros just invested $500 million with Bill Gross. In an announcement on its website, Janus announced that Quantum Partners, a private investment vehicle managed by Soros Fund Management, will invest $500 million in an account to be managed by Bill Gross. Soros Fund Management is the hedge fund founded by legendary investor George Soros in 1969; Soros still serves as chairman of the firm. Following the announcement, Gross said on Twitter, through Janus' official account, that he was "honored" to be managing the new account for Soros. This account will be managed in a strategy similar to the ... (full story)
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