Janus Capital Group, Inc. was an American publicly owned investment firm headquartered in

Denver, Colorado Denver () is a consolidated city and county, the capital, and most populous city of the U.S. state of Colorado. Its population was 715,522 at the 2020 census, a 19.22% increase since 2010. It is the 19th-most populous city in the United ...

. The company's asset-management disciplines included growth, core, international, value, mathematical, alternative and fixed-income. These products were sold through advisors and financial intermediaries, to institutional investors and directly to retail investors. Janus Capital Group was created as a result of the January 1, 2003, merger of Janus Capital Corporation into its parent company, Stilwell Financial Inc. Janus Capital Group consists of Janus Capital Management LLC (Janus), Intech Investment Management LLC (Intech), and Kapstream Capital Pty Limited (Kapstream), in addition to a range of exchange‐traded products. Additionally, Janus Capital Group owns 80% of Perkins Investment Management (formerly Perkins, Wolf, McDonnell and Company). Outside the U.S., Janus had offices in

Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ...

Paris Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. ...

, Zurich,

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Melbourne Melbourne ( ; Boonwurrung/ Woiwurrung: ''Narrm'' or ''Naarm'') is the capital and most populous city of the Australian state of Victoria, and the second-most populous city in both Australia and Oceania. Its name generally refers to a me ...

, and

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. Janus is in the S&P MidCap 400 Index. It merged with Henderson Group in May 2017 to create

Janus Henderson Janus Henderson is a British-American global asset management group headquartered in the City of London, United Kingdom. It offers a range of financial products to individuals, intermediary advisors and institutional investors globally under th ...

History

Janus was founded in 1969 by Thomas H. Bailey. A controlling interest was purchased by Kansas City Southern Industries in 1984. Bailey stepped down as president and CEO in June 2002. The firm was formerly known as Stilwell Financial Incorporated. The company was renamed following the January 2003 merger of Janus Capital Corporation into its parent company, Stilwell Financial. The Janus Fund opened in 1970 with approximately $500,000 in assets and 30 investors. Its primary business was U.S. large cap growth equity management. Further funds were launched in 1985, including the Janus Venture Fund, its first small cap equity fund, and the Janus Twenty Fund, its first concentrated equity fund. At the same time, Janus began managing assets for institutional clients. In 1991, Janus launched a number of other new types of fund, including its first global equity fund, the Janus Worldwide Fund, its first international equity fund, the Janus Overseas Fund, and its first mid cap equity fund, the Janus Enterprise Fund. It also launched the Janus Aspen Series (JAS), a product line created for investors wanting to invest in Janus through variable insurance contracts or certain qualified retirement plans. Janus also became available through fund supermarkets for both retail shareholders and financial planners.

Myron Scholes Myron Samuel Scholes ( ; born July 1, 1941) is a Canadian-American financial economist. Scholes is the Frank E. Buck Professor of Finance, Emeritus, at the Stanford Graduate School of Business, Nobel Laureate in Economic Sciences, and co-origina ...

, Nobel laureate and Ph.D., joined Janus as chief investment strategist on July 8, 2014 On September 26, 2014, Bill Gross left

Pimco PIMCO (Pacific Investment Management Company, LLC) is an American investment management firm focusing on active fixed income management worldwide. PIMCO manages investments in many asset classes such as fixed income, equities, commodities, asset ...

to join Janus as manager of the Janus global unconstrained bond strategy. In October 2014, Janus acquired VS Holdings, a company based in Darien, Connecticut, and its VelocityShares business. In July 2015, Janus acquired a majority interest in Kapstream Capital, a fixed income specialist. In February 2016, Janus launched a

small cap Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's shares outstanding, outstanding common shares owned by stockholders. Market capitalization is equal to the share price, market price p ...

growth and small cap/mid cap growth ETF, followed in June by four new ETFs around investment themes – long-term care,

health and fitness Physical fitness is a state of health and well-being and, more specifically, the ability to perform aspects of sports, occupations and daily activities. Physical fitness is generally achieved through proper nutrition, moderate-vigorous physical ...

, organic foods and personal care (including health care issues related to obesity). On October 3, 2016, Janus Capital Group Inc and Henderson Group plc announced a recommended merger of equals to create

References

External links

*{{Official website, http://www.janus.com Companies based in Denver Investment management companies of the United States Companies formerly listed on the New York Stock Exchange Financial services companies established in 1969 1969 establishments in Colorado Financial services companies disestablished in 2017 2017 disestablishments in Colorado 2017 mergers and acquisitions