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Janus Capital Group: History of the company, What are the ethical dilemmas that the management has faced?
Janus Capital Group is a mutual fund company that specializes in the active management of investor assets. They are responsible for the investment advisory, distribution, and marketing of their various funds throughout the world. The company's asset management disciplines include growth, core, international and value. As of February 29, 2004 total assets under management at Janus was $147.5 billion (Janus.com). Tom Bailey established Janus Mutual Funds in 1970 with only 30 investors and less than $500,000 in initial capital. By 1980,
Dec. 2003 Retrieved from: <http://www.washtimes.com/upi-breaking/20031219-023443-4210r.htm> on 4/1/2004 Milstead, David. "Janus CEO Out?" Rocky Mountain News 26 Mar. 2004 Retrieved from: http://www.rockymountainnews.com/drmn/business/article/0,1299,DRMN_4_2760121,00.html on 04/07/04 Forgrieve, Janet. "Janus Ready to Run with Ads Touting Expanded Investment Choices." Rocky Mountain News. 3 Apr. 2004: 3C Weinreich, Gil "How to Handle the Scandal." Tech Central Station 21 Mar. 2004 Retrieved from: <http://www.techcentralstation.com/102103E.html> on 04/09/04