Supriya Ghosh (Editor)

Janus Capital Group

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Type
  
Public company

Founded
  
1969

Number of employees
  
1,272 (2016)

Founder
  
Thomas H. Bailey

Industry
  
Financial

Total assets
  
$190.9 billion (2016)

Revenue
  
1.076 billion USD (2015)

Janus Capital Group https17eb94422c7de298ec1b8601c126654e9663374c1

Traded as
  
NYSE: JNS S&P 400 Component

Stock price
  
JNS (NYSE) US$ 12.82 -0.14 (-1.08%)17 Mar, 4:04 PM GMT-4 - Disclaimer

CEO
  
Richard Weil (1 Feb 2010–)

Headquarters
  
Denver, Colorado, United States

Profiles

Company profile janus capital group inc nyse jns


Janus Capital Group, Inc. is an American publicly owned investment firm headquartered in Denver, Colorado. The company's asset-management disciplines include growth, core, international, value, mathematical, alternative and fixed-income. These products are sold through advisors and financial intermediaries, to institutional investors and directly to retail investors. Janus Capital Group was created as a result of the January 1, 2003, merger of Janus Capital Corporation into its parent company, Stilwell Financial Inc. Janus Capital Group consists of Janus Capital Management LLC (Janus), INTECH Investment Management LLC (INTECH), and Kapstream Capital Pty Limited (Kapstream), in addition to a range of exchange‐traded products. Additionally, Janus Capital Group owns 80% of Perkins Investment Management (formerly Perkins, Wolf, McDonnell and Company).

Contents

Outside the U.S., Janus has offices in Sydney, Paris, Zurich, Frankfurt, Dubai, Taipei, London, Milan, Tokyo, Hong Kong, Melbourne, and Singapore. Janus is in the S&P MidCap 400 Index.

Janus capital group inc v first derivative traders oral argument december 07 2010


History

Janus was founded in 1969 by Tom Bailey. A controlling interest was purchased by Kansas City Southern Industries in 1984. Bailey stepped down as president and CEO in June 2002.

The firm was formerly known as Stilwell Financial Incorporated. The company was renamed following the January 2003 merger of Janus Capital Corporation into its parent company, Stilwell Financial.

The Janus Fund opened in 1970 with approximately $500,000,000.35 in assets and 30 investors. Its primary business was U.S. large cap growth equity management.

Further funds were launched in 1985, including the Janus Venture Fund, its first small cap equity fund, and the Janus Twenty Fund, its first concentrated equity fund. At the same time, Janus began managing assets for institutional clients.

In 1991, Janus launched a number of other new types of fund, including its first global equity fund, the Janus Worldwide Fund, its first international equity fund, the Janes Overseas Fund, and its first mid cap equity fund, the Janus Enterprise Fund. It also launched the Janus Aspen Series (JAS), a product line created for investors wanting to invest in Janus through variable insurance contracts or certain qualified retirement plans. Janus also became available through fund supermarkets for both retail shareholders and financial planners.

Myron Scholes, Nobel laureate and Ph.D., joined Janus as chief investment strategist on July 8, 2014 On September 26, 2014, Bill Gross left Pimco to join Janus as manager of the Janus global unconstrained bond strategy. In October 2014, Janus acquired VS Holdings, a company based in Darien, Connecticut, and its VelocityShares business. In July 2015, Janus acquired a majority interest in Kapstream Capital, a fixed income specialist. In February 2016, Janus launched a small cap growth and small cap/mid cap growth ETF, followed in June by four new ETFs around investment themes – long-term care, health and fitness, organic foods and personal care (including health care issues related to obesity). On October 3, 2016, Janus Capital Group Inc and Henderson Group plc announced a recommended merger of equals.

References

Janus Capital Group Wikipedia