Spitzer Probe Could Derail Janus Capital's Rebound

For Janus Capital, which has spent more than two years trying to right itself from the brutal outflows that accompanied the crash in tech stocks, the image damage resulting from New York State Attorney General Eliot Spitzer's investigation could hardly have come at a worse time. Analysts said Janus could be saddled with a reputation problem whether or not it is charged with breaking the law through market timing and late trading, and even if it makes restitution to investors.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.