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S&P Upgrades Janus Capital Group to Investment Grade
//business-finance.news-articles.net/content/201 .. des-janus-capital-group-to-investment-grade.html
Published in Business and Finance on Monday, January 10th 2011 at 12:21 GMT by Market Wire
Published in Business and Finance on Monday, January 10th 2011 at 12:21 GMT by Market Wire
DENVER--([ BUSINESS WIRE ])--Janus Capital Group Inc. (NYSE: JNS) today issued the following statement on behalf of Dick Weil, CEO of Janus, following the announcement from S&P that it has upgraded the companya™s credit rating to BBB- from BB+, with a stable outlook.
aWea™re pleased that S&P recognizes the progress wea™ve made in significantly deleveraging the firma™s balance sheet and creating a strong capital structure. Most importantly, Janusa™ investment grade ratings from S&P and Moodya™s reflect the firma™s commitment to being a stable and trusted partner to our clients through the expected volatility of a full-market cycle.a
About Janus Capital Group Inc.
Janus Capital Group Inc. (JCG) is a global investment firm offering strategies from three individual investment boutiques: Janus Capital Management LLC (Janus), INTECH Investment Management LLC (INTECH) and Perkins Investment Management LLC (Perkins). Each manager employs a research-intensive approach that is distinct within its respective asset class. This multi-boutique approach enables the firm to provide style-specific expertise across an array of strategies, including growth, value and risk-managed equities, fixed income and alternatives through one common distribution platform.
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