Janus Chief Executive Officer Gary Black is relinquishing his role as chief investment officer as well, in order to focus on boosting the firm’s assets, which, at $158 billion, are about half of what they were at a peak of $300 billion at the end of the bull market.

The company believes it is in a strong position to do so since its three-year performance numbers relative to peers are the best since 2001.

Assuming the role of co-CIOs now will be Jonathan Coleman and Gibson Smith.

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