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December 01, 2009 at 02:00 AM
Janus Capital Group says it had income from continuing operations of $8.2 million in the third quarter of 2009 vs. $26.0 million a year ago. Average assets under management during the third quarter increased 12.9 percent to $143.1 billion from the second quarter.
As of September 30, the company’s total AUM was $151.8 billion vs. $160.5 billion a year earlier.
The increase in firm-wide assets during the third quarter primarily reflects $20.0 billion of market appreciation and long-term net outflows of $0.6 billion. Janus and Perkins long-term net inflows totaled $1.3 billion and $0.6 billion, respectively, while INTECH long-term net outflows totaled $2.5 billion.
