Janus, E*Trade, Nuveen up in 2Q

Positive earnings among four asset managers led a successful batch of earnings reports in the financial services industry.
Janus Capital Group Inc. earnings per share rose 80% to 27 cents, compared to 15 cents in the year-ago period.
The Denver-based asset manager, which manages stock and bond funds, said that it collected $220.6 million in investment management fees, marking an 18% increase from the year-ago quarter.
Janus said it managed $190.6 billion in investments at the close of the quarter, marking a 24% increase from second quarter of 2006.
Nuveen Investments Inc. second quarter earnings per share rose 4% to 58 cents from 56 cents in the prior year.
The Chicago-based investment manager said the results included $9 million in structuring fees related to closed-end fund launches during the quarter, net inflows of $1.9 billion and investment advisory fees increased 15% to $198 billion.
Assets under management increased 15% to $171.6 billion, compared to $149 billion in the year-ago period.
Franklin Resources Inc. , the parent of Franklin Templeton investments, saw second quarter earnings per share rose 23% to $1.73 from $1.41 in the year-ago period.
The San Mateo, Calif.-based asset management company said that investment management fees rose 18% to $927.8 million compared to a year ago, as assets under management increased 21% to $624 billion during that time.
E*Trade Financial Corp. second quarter earnings inched up 3% to 37 cents per share, up from 36 cents during the year-ago period.
The New York-based discount brokerage added 51,000 new customers during the quarter, increasing the total number to 3.5 million, as total client assets rose 6% to $212.8 billion.
The InterContinental Exchange reported earnings per share rose to 75 cents in the second quarter, up 31% from 52 cents per share during the year-ago period.
The Atlanta-based exchange said that revenues were driven by strong volume during the quarter at ICE Futures, which saw revenue increase 44% to $42.6 billion.
Yesterday, Ameriprise Financial Inc. reported earnings per share in the second quarter rose 42% to 81 cents per share from 57 cents per share during the year-ago period.
The Minneapolis-based brokerage company said management, financial advice and service fees grew by 20% to $863 million during that period, while distribution fees grew 28% to $415 million.
Assets under management increased 13% from the year-ago quarter to $484 billion.
Affiliated Managers Group Inc., an asset management company that owns stakes in two dozen investment companies, said yesterday that second quarter earnings per share rose 21% to $1.04 per share from 86 cents during the year-ago period.
The Beverly, Mass.-based company said that assets under management rose to $267 billion, a 32% increase from $202 billion a year earlier.