About Janus Capital Management LLC

Janus Capital Management is a recognized leader of growth investment strategies. For nearly four decades the Denver-based firm has taken a long-term view and used a bottom-up, company-by-company investment approach to gain a differentiated view in the marketplace. In addition to growth, core and international equity funds, Janus manages balanced, alternative, fixed-income and money market funds. Janus Capital Management is a wholly owned subsidiary of Janus Capital Group.

Janus Timeline

About Janus' Investment Process

Investments at Janus are made through a five-step process:

Create an Investable Universe - Analysts use global screens, field contacts and company meetings to identify the most promising ideas.

Intensive Fundamental Analysis - Analysts use intensive fundamental research, financial modeling and valuation techniques to assign one of four ratings to each security: strong buy, buy, neutral or sell. Strong buys and buys make up the primary universe for portfolio selection.

Portfolio Selection - Analysts and portfolio managers have one-on-one meetings to discuss buy lists, in which the analysts pitch their best ideas. Additionally, portfolio managers use their discretion based on individual research and conviction in the long-term outlook of the company.

Portfolio Composition and Construction - Portfolios are constructed based on the specific investment parameters of each portfolio. Additionally, focused valuation techniques are used to assess the upside and downside of each security.

Sell Discipline - A security may be sold for several reasons: 1.) the company or industry fundamentals change, or competitive advantages deteriorate; 2.) the share price reflects the target price; 3.) change in investment thesis; 4.) portfolio is upgraded with a new idea that represents a better risk/reward opportunity; or 5.) positions may be adjusted based on absolute and relative risk monitoring targets.

Learn more about the products we offer to U.S. and Non-U.S. residents and clients: U.S. | Non-U.S.

Frequently Asked Questions (FAQs)

1.	How is Janus different from other fundamental managers?
	Fundamental, bottom-up research has been at the core of Janus' investment culture for almost 40 years and is the driving force behind the firm's investment performance. Janus' competitive advantage is gained through its depth of research and a willingness to focus on investments where we believe we have a differentiated view.
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2.	How has Janus' investment process and research evolved?
	Janus has continued to add more depth and breadth to its research process. Since 2000, average analyst tenure has tripled while the amount of stocks under coverage has more than doubled. Additionally, Janus moved away from a generalist approach to a more specialized approach with the creation of seven global sector teams: communications, consumer, energy, financials, health care, industrials and technology. In 2005, Janus expanded its Portfolio Risk Management group to monitor the diversification of Janus' portfolios. This team of dedicated professionals works directly with portfolio managers, analysts and senior management to qualify, quantify and communicate investment performance and risk. The goal is to enhance the investment team's awareness of the scope of risks that are embedded in the portfolios and how those risks relate to the combined risks for the firm.
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3.	What products does Janus Capital Management offer?
	Janus manages a variety of products for retail intermediary, institutional and international clients in the following investment strategies: Equity Large Cap Growth Concentrated Growth U.S. Research Mid Cap Growth Small Mid Cap Growth All Cap Growth International Equity Global Research Global Equity Income Balanced High Yield Flexible Bond Money Market Alternative Opportunistic Alpha Global Real Estate Long/Short
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4.	What is the latest publicly available performance for Janus' products?
	See Janus' most recent performance.
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5.	Do Janus portfolio managers have investments in the funds they manage?
	Janus is passionate about research and the quest to create value for clients. Janus portfolio managers and investment personnel demonstrate this passion by investing in their funds alongside shareholders. See most recent Portfolio Manager Ownership
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