A number of Janus Capital’s proprietary investments are generating upper-quartile performances, but investors, who were burned by the company's previous blunders with technology stocks and subsequent regulatory problems, are now keeping their distance, Rocky Mountain News reports. More 60% of Janus' retail funds showed substantial improvement and ranked within the top half of Lipper's one-year investment performance categories.

The company's growth funds bled another $1.4 billion in outflows last month, bringing the group's year-to-date losses of assets above $20 billion. Within the largest 25 fund mutual fund providers, only Putnam Investments has seen more investor defections from its growth funds, according to Financial Research Corp.

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.