The first of the three investment offerings, Janus Research Fund, to be launched in February, will concentrate on analysts recommendations. Janus investors can also look forward to a new small-to-mid cap fund and a quantitative large-cap fund that will be sold through the firms Intech subsidiary.
Gary Black, Janus newly appointed chief investment officer, said the firm has been eyeing new value investments but the past four years of rising stock prices have discouraged the firm from bottom fishing for discounted stocks at this time.
Black also projected growth stocks will outperform value stocks because the symptoms of the recession that followed widespread technology stock failures have stayed in remission for more than three years.
Janus itself is showing signs of recovery by announcing plans to increase its analysts coverage to 1,100 companies next year from 960 firms now on the companys radar.
