Despite suffering massive outflows in recent years, Janus Capital Group's chief investment officer, Gary Black, is confident that the company will make a turnaround by year-end. In an interview with Reuters, Black said the company has undertaken several efforts to improve performance.

Janus has increased the number of stocks it covers from 500 to 1,000. It has added 10 analysts to its team and strengthened its process on when to sell a stock.

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