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Article: Features & interviews: Distribution models - Janus gears up for global expansion.(Company overview)
- Article from:
- Professional Wealth Management
- Article date:
- September 1, 2009
CopyrightCOPYRIGHT 2009 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Yuri Bender
Michael Jones, the supremely self-confident boss of distribution to European financial institutions at US funds house Janus Capital, has taken on a tough mandate since joining the firm in September 2008.
Headquartered in rented offices in Citypoint with a panoramic view of nearby rival institutions, panning right out to London's suburbs it is Mr Jones' brief to expand the 7 per cent of the group's $132bn (EU92bn) asset cake currently handled for non-US clients to 15 per cent by 2012.
Janus chiefs in Denver, US, where the group combines its equity and fixed income research, want the earnings from overseas clients to hit 25 ...