Janus Capital revealed that its assets under management dropped 0.9% in August to $127.8 billion from $129 billion at the end of July. The Denver-based shop has been bleeding assets at an alarming rate after its tech-heavy growth funds collapsed with the bear market and the firm was slapped with a hefty lawsuit over trading abuses.

Top executives have since left Janus and the company agreed to a $226 million settlement with state and federal regulators for its involvement in a market-timing scheme that proved harmful to long-term shareholders of its funds.

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