Janus Capital Group reported Thursday that its fourth-quarter profits rose 249% to $37.7 million on revenue of $241.2 million.
The company said strong revenue and asset flows led to the sharp improvement in profits.
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.
Have an account? Sign In