Two leading mutual fund companies own a sizable stake in the troubled Denver-based
Janus, which was renowned for its growth stock funds during the bull market of the 90s, experienced a downfall in the 2000-2002 bear market when technology and telecommunications stocks plunged. A wave of trading scandals was also uncovered at the mutual fund company in late 2003.
Now, the poster-child for the mutual fund industry scandals has found favor with value managers. Its latest major shareholder is San Francisco-based