Tide against Janus as outflows mount
Tenth straight quarter for negative flows; profit off 46 percent as well
Janus Capital Group Inc. (JNS), owner of the Janus, Intech and Perkins funds, said fourth-quarter profit fell 46 percent after stock markets declined and clients withdrew money for the 10th consecutive quarter.
Net income fell to $35.7 million, or 19 cents a share, from $65.9 million, or 36 cents,
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