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Janus assets recover from first quarter loss

Assets under management at Janus Capital Group climbed by $4.2bn (€2.7bn) in the second quarter to recover from the losses of the previous quarter, as the investment manager's earnings exceeded expectations on the back of inflows and its funds' performance.

Janus finished the quarter with assets under management of $191.8bn, compared with $187.6bn at the end of the first quarter.

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