Despite suffering massive outflows in recent years, Janus Capital Group's chief investment officer, Gary Black, is confident that the company will deliver the sound performance necessary for the firm to make a turnaround by year-end.

Janus has increased the number of stocks it covers from 500 to 1,000, added 10 analysts and strengthened its process on when to sell a stock. In addition, its portfolio managers are also focusing on stock valuations and putting their money, once again, on growth, which they think is poised to make a comeback this year, Black said.

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