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Article: Janus Worldwide more than doubles its assets Investors pour $2.2 billion into Denver-based firm's global-equity issues in '96
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- February 9, 1997
- Author:
CopyrightCopyright 1997 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
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The mutual fund industry likes to warn investors that past
performance is no guarantee of future success.
Still, investors apparently are prepared to dismiss those
warnings when it comes to Janus Worldwide Fund. They're buying
shares of Janus' global stock fund as though there's no tomorrow.
A net $2.2 billion poured into the Janus fund last year, and a
monthly record of $590 million flowed into the fund in January, the
Denver-based company said. The fund's assets have more than doubled
in the past year to $5.9 billion, up from $1.98 billion at the end
of 1995.
Janus Worldwide, managed by Helen Young Hayes, has the numbers
at least over the past three years to support its popularity. ...