Janus Capital Group is a mutual fund attach to that specializes in the active steering of investor assets. They are responsible for the investment funds advisory, distribution, and marketing of their various funds byout the world. The play alongs asset direction disciplines include growth, core, international and value. As of February 29, 2004 total assets under management at Janus was $147.5 billion (Janus.com).
tomcat Bailey established Janus unwashed Funds in 1970 with only 30 investors and less than $500,000 in initial capital. By 1980, Janus had hive away $33.5 million in assets and was easily beating the S&P 500 returns by investing in value-oriented stocks. In 1984, Kansas urban center Southern Railroad executive Landon Rowland inflexible that the railroad industry was stagnant. Rowland was looking for a way for his company to diversify and approached Tom Bailey with an offer to purchase his fund company. Tom decided he would sell 90% of his company to Kansas City Southern but managed to retain control of the firm through a clause in his contract. By 1990, the Janus family of funds had accumulated over $4 billion in assets and launched one of the beginning(a) international funds in America, the Janus Worldwide fund.
In 1996, Janus begins their jump foray into national advertising and a year afterward become one of the first fund companies to offer a website for investors to research their funds. In 1997, international fund manager Helen one-year-old Hayes is named by Morningstar as fund manager of the year. In 1998, fund manager Scott Schoelzel is named Manager of the Year by mutual Fund Magazine. Also in 1998, Janus is named Family of the Year by Mutual Funds Magazine and Fortune ranks Janus as one of the pourboire 100 companies to work for. By 2000, Janus was managing $250 billion and was the most revered...
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