Janus Capital Group, the Denver-based fund management group, registered a third consecutive month of inflows in December with net new business of $1.6bn (€1.2bn).

The company, which had been implicated in the US mutual fund trading scandal, saw its total assets rise from $137.4bn in November to $139bn.

Janus continues recovery with $1.6bn inflows

Jason Corcoran

ING Investment Management

Janus Capital Group

JP Morgan

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The announcement comes as USS Investment Management said it won’t bid for the property firm.

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The U.S. private-equity firm said t decided not to begin a tender offer for the Japanese software company after consulting with Fuji Soft founder Hiroshi Nozawa.

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The Chinese technology giant has begun tests to integrate homegrown startup DeepSeek’s AI model into its Weixin messaging app.

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