"This was our best quarter of flows in five years," said Chief Executive Officer Steve Scheid. "Our positive flows, combined with strong market conditions during the quarter, led to improvements in our earnings per share and operating margins. These results reflect significant strides in our financial performance."
Separately, Janus announced that effective Jan. 3, President and Chief Investment Officer Gary Black will become CEO and CIO of the firm, as current CEO and Chairman Steve Scheid will remain simply as chairman.