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Rating:Janus' Plan Attracts WSJ's Attention Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, March 17, 2009

Janus' Plan Attracts WSJ's Attention

by: Armie Margaret Lee

Janus Capital Group's revelation Monday of its plan to merge its two fund trusts this summer (see The MFWire, 03/16/09) was picked up by Daisy Maxey in the Tuesday edition of the Wall Street Journal Fund Track column.

The planned merger on or about July 6 of the Janus Adviser Series fund trust into the Janus Investment fund trust is the Denver-based company's response to investor migration into advice-driven channels, executives said.

"Our distribution model has moved pretty strongly down the advisory path, the institutional and third-party path," Drew Elder, senior vice president of product strategy and development, told Maxey.  

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