Janus Capital: A Turnaround In The Making
The story hasn't been great for Janus Capital (JNS), with the trend being an outflow of funds from the investment manager. The asset manager that is Janus Capital is inherently less diversified than major peers, having the majority of its assets tied to the equity markets. Yet, this "overexposure" to the equity markets could lead to impressive outperformance over the long term.
Janus is an investment management company. With some $160 billion in assets under management (AUM), JNS manages equity, fixed income, money markets and balanced mutual funds for its clients, investing in public equity and fixed income markets. Janus has 45 Janus Investment Fund mutual funds, 12...