Janus Capital Group

Asset managers that provide investments and nothing else may feel pricing pressure from index funds, plans sponsors

Two prominent mutual fund companies are hard at work moving beyond the specialties that made them well-known in the first place.

Janus Capital Group Inc. (JNS), owner of the Janus, Intech and Perkins funds, said fourth-quarter profit fell 46 percent after stock markets declined and clients withdrew money for the 10th consecutive quarter. Net income fell to $35.7 million, or 19 cents a share, from $65.9 million, or 36 cents,

Pimco is king of bond funds. Janus is known as an equity specialist. But in a bid to attract more investors, each fund firm is starting to work the other side of the street. | Extra Dividend stocks that could pop this year »

Janus Capital Group Inc. (JNS), owner of the Janus, Perkins and Intech fund families, said third-quarter profit fell 16 percent as investors withdrew money for the ninth consecutive quarter. Net income fell to $27.4 million, or 15 cents a share, from $32.5 million, or 18 cents, a year earlier, the

In a much-awaited decision, the Supreme Court last week ruled in favor of the mutual fund industry in a case involving a company's responsibility for statements made in prospectuses, eliciting a huge sigh of relief from fund companies, broker-dealers and others involved in selling mutual funds

The Supreme Court today ruled in favor of the mutual fund industry in a case involving responsibility for statements made in prospectuses. A big deal? SIFMA said a decision for the plaintiffis would have caused 'crippling uncertainty' in the securities market.

Sixteen months into the job, Richard Weil, chief executive of Janus Capital Group Inc., faces a host of challenges as he attempts to stop the downward slide at the money management firm

Brokerage said to pull Twenty and Forty funds from offerings; 'outlfows are clearly getting worse'

Janus Capital Group Inc., the Denver money manager struggling with client defections, will absorb the hedge fund founded by Dan Kozlowski as he returns to the company to lead an expansion in alternative investments. Kozlowski, 39, who left Janus in 2008 to found Plaisance Capital LLC, will continue

Janus Capital Group Inc. has issued a statement clarifying that it isn't a target in the current insider trading probe, despite having received a subpoena last week as part of the investigation .