Janus Assets Decline Only 4.5% From December

For the month of January, Janus Capital Group Inc. reported total assets under management of roughly $132.7 billion, a 4.5% decline from December's $139 billion in assets. Firmwide average assets under management for January took a 2.8% dip to approximately $133.6 billion from the prior month's average assets of $137.5 billion. Average assets in January, excluding money markets, totaled $124 billion.

Last month, Janus' equity assets saw market depreciation of $3.7 billion, or 3% of the firm's equity assets in the beginning of the month, arising from unfavorable equity markets in January when the Nasdaq Composite and S&P 500 indexes dropped 5.2% and 2.4%, respectively.

Janus' mutual funds pitched in strong performances in January. Approximately 73% of the funds in the company's primary fund family, Janus Investment Fund (JIF), ranked in the top half of their Lipper categories on a three-year, total-return basis. More than 65% of the JIF funds were in the top half of their Lipper categories on a one-year, total-return basis at the end of January.

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Money Management Executive
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