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A number of Janus funds are in the top deciles this year, proving that the company’s investment team is a better-oiled machine than it was following the dot-com downturn, The Wall Street Journal reports.

Whereas Janus used to hire young people fresh out of school and indoctrinate them in an aggressive growth school of investing, the company has since hired far more seasoned and experienced professionals. Also, in the 1990s, Janus funds were concentrated in a mere 500 stocks. Today, that universe has expanded to 1,400 and includes value as well as growth stocks.

Still, many of the funds were overexposed to debt and too highly concentrated, which hurt performance in 2008.

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