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Asset manager Janus Capital profit falls 32 pct
July 25, 2013 / 11:16 AM / 4 years ago

Asset manager Janus Capital profit falls 32 pct

July 25 (Reuters) - Asset manager Janus Capital Group Inc reported a 32 percent fall in second-quarter profit as customers withdrew money from its mutual funds.

The asset manager said net income attributable to the company fell to $15.8 million, or 8 cents per share, in the quarter ended June 30, from $23.4 million, or 13 cents per share, a year earlier.

Janus Capital reported long-term net outflows of $5.4 billion for the quarter.

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