Janus CEO says first-quarter stems more from equities strength, less from Gross

April 23, 2015 4:00 PM

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Janus CEO says first-quarter stems more from equities strength, less from Gross

NEW YORK (Reuters) - Janus Capital Group Inc (JNS.N), the firm that hired closely watched bond investor Bill Gross in September, said first-quarter earnings came in above expectations with the help of net inflows into its equity funds.

Janus Chief Executive Officer Richard Weil said on a conference call on Thursday that the story of the first quarter was the strength in equities, compared with the previous quarter, "which was about Bill Gross and Myron Scholes."

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