Janus Capital selected State Street Bank as custodian for seven new private securities investment trusts for institutions with $1 million to $10 million to invest. The trusts are similar to commingled funds but are not restricted to ERISA funds and may include, for instance, endowments, foundations and high net worth individuals.
The funds mirror the firm's separate account and mutual fund products including medium and large-cap growth; international and global equity; and domestic balanced.
