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Monday, August 20, 2012

Janus Focuses on Fixed-Income Funds

News summary by MFWire's editors

Janus has certainly had their share of headlines this month. An InvestmentNews story from the weekend delves further into the future of the Denver-based shop, saying that even with the influx of cash from recent purchaser Dai-ichi Life, the firm is having trouble moving its focus to fixed-income funds.

Reporter Jason Kephart notes that a big portion of the $2 billion invested by the Japanese insurance company will go toward fixed-income, though the Janus originally rose to prominence through growth equity.

A Janus spokeswoman told Kephart that "Janus continues to focus on making advisers aware of the fixed-income performance and the depth of the fixed-income team."

For more information on Janus' strategy, read the original article

Edited by: Ben Geier

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