Janus's Q2 Net Doubles
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Thursday, July 22, 2010

Janus's Q2 Net Doubles

Janus Capital Group earned $30.2 million in the second quarter, compared with $15.8 million in the year-ago period.

The Denver-headquartered firm saw long-term net outflows of $1.3 billion during the quarter. Mathematical equity and fundamental equity long-term net outflows amounted to $1.5 billion and $1 billion, respectively. Meanwhile, Janus witnessed fixed income long-term net inflows of $1.2 billion.

Janus ended the second quarter with AUM of $147.2 billion, down from $165.5 billon at the end of March, and up from $132.6 billion at the end of June 2009.

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