INTECH Bolsters Research Team with New Hire and Promotions

WEST PALM BEACH, Fla., Nov. 8 2012 /PRNewswire/ -- INTECH Investment Management LLC (INTECH) today announced the hiring of Jonathan P. Hanke, Ph.D., as Associate Director of Research. In this role, Dr. Hanke will conduct research on Stochastic Portfolio Theory, and its applications to managing portfolios. Dr. Hanke will be based at INTECH's research facility in Princeton, New Jersey.

INTECH also announced the promotions of Dr. Vassilios Papathanakos to Deputy Chief Investment Officer and Dr. Phillip Whitman to Director of Research, the position previously held by Dr. Papathanakos.

In announcing the hiring of Dr. Hanke, Adrian Banner, Ph.D., INTECH's Chief Investment Officer, said, "We are very pleased to have Jonathan join INTECH's research team. Together with our existing team of mathematicians and physicists, he will be applying probability theory, data analysis and other disciplines to deepen our understanding of markets and enhance the engineering of our investment process."

Dr. Hanke noted, "It is exciting to be joining INTECH – a firm with a long history of applying scientific principles to investments. I am particularly eager to work with the firm's research team, because of their successful combination of theoretical and practical expertise."

Prior to joining INTECH, Dr. Hanke held various teaching positions, most recently as an Assistant Professor at the University of Georgia. Other positions included Visiting Assistant Professor at Duke University, Instructor at Princeton University and VIGRE Hill Assistant Professor at Rutgers University. His research concentrated on number theory, especially automorphic and quadratic forms. Dr. Hanke has published many articles on these subjects, spoken at conferences and implemented sophisticated computer algorithms. He is the recipient of numerous awards and grants including the National Science Foundation Grant (August 2006 – August 2010), the Alfred P. Sloan Dissertation Fellow (1998 – 1999), and the National Science Foundation Graduate Fellow (1995 – 1998). Dr. Hanke received his Ph.D. in Mathematics from Princeton University and a Bachelor of Science in Mathematics from the State University of New York at Stony Brook.

Commenting on the promotions of Drs. Papathanakos and Whitman, Dr. Banner explained, "These promotions recognize their current roles in implementing INTECH's scientific approach to investing. Vassilios will continue to work closely with me, having day-to-day responsibility for portfolio management. Phillip will continue to collaborate on theoretical and applied aspects of the INTECH process and will also help mentor Dr. Hanke."

About INTECH

For 25 years, global investment manager INTECH has been offering institutional investors highly disciplined, mathematical equity strategies that seek long-term returns in excess of the target benchmark, while attempting to reduce the risk of significant underperformance relative to that benchmark. Since 1987, INTECH has been generating alpha by taking advantage of stock-price volatility while limiting relative risk and trading costs. The company's global headquarters is located in West Palm Beach, Florida, with its research office in Princeton, New Jersey, and international division in London. As of September 30, 2012 INTECH had approximately $41.9 billion under management and 79 employees worldwide. INTECH is an independently managed subsidiary of Janus Capital Group Inc. (JNS), based in Denver.

About Janus Capital Group Inc.

Janus Capital Group Inc. ("JCG") is a global investment firm offering strategies from three individual investment boutiques: Janus Capital Management LLC ("Janus"), INTECH Investment Management LLC ("INTECH") and Perkins Investment Management LLC ("Perkins"). Each manager employs a research-intensive approach that is distinct within its respective asset class. This multi-boutique approach enables the firm to provide style-specific expertise across an array of strategies, including growth, value and mathematical equities, fixed income and alternatives through one common distribution platform. At the end of September 2012, JCG managed $158.2 billion in assets for shareholders, clients and institutions around the globe. Based in Denver, JCG also has offices in Frankfurt, The Hague, Paris, London, Milan, Munich, Zurich, Singapore, Hong Kong, Tokyo, Melbourne, Dubai and Taipei.