Troubled Janus reaches out after Q1 profit slump

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US/SWITZERLAND -Swiss large-cap value specialist Vontobel Asset Management is to enter into a tie-up with Denver-based Janus Capital Group as the latter looks to diversify after a drop in Q1 net profits.

Chief executive officer of Janus, Mark Whiston, said that pending approval from fund board and shareholders, Vontobel will name Janus as adviser for its US value and international equity funds. Ja...

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