Janus finds growth in Asia

The US mutual fund company is expanding into Taiwan and Korea.

Janus International, the $5 billion global arm of Denver, Colorado-based Janus, a $145 billion mutual funds company, has not had a presence in Asia for long, but reports a brisk business around its expertise in managing American securities. Having established a head office in Hong Kong just two years ago, it is now expanding its business into Taiwan and Korea, as well as bolstering itself as not just a provider to high-net worth clients but also to the mass retail market.

This suggests two things about Asia. First, the region's retail business is increasingly attractive as a source of funds. Other US houses now building a presence here include hometown rivals Pioneer and most...

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