In a move that further reflects the changing face of Janus Capital, the Denver firm recently increased its stake in its quantitative equities division, Intech.

In a recent conference call, Janus CEO Gary Black said the company has increased its ownership in the institutional manager by 5% at a cost of $90 million. Janus now owns 83% of Intech. The overall stake is worth $1.8 billion and represents a whopping 40% of Janus' $4.4 billion market capitalization.

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