While
In one-year returns, 70% of Janus funds were in the top half of their
Januss assets under management dipped from $135.8 billion in May to $135.4 billion in June, a 0.3% decrease, while long-term net outflows of $1.4 billion included $320 million drawn out by institutional investors. Janus Worldwide Fund suffered the most, but the company is confident that new portfolio manager Jason Yee will rekindle that fund.
"Equity and fixed-income outflows are at the best level we've seen in the last 10 months," said Janus Chairman and CEO Steve Scheid. "And as our fund performance continues to improve, we're confident that the outlook will keep getting brighter."