Janus Capital Group Inc (JNS)’s Fourth Quarter And Full Year 2014 Earnings Conference Call Transcript

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Below is transcript of the Janus Capital Group Inc (NYSE:JNS)’s Fourth Quarter And Full Year 2014 Earnings Conference Call, held on January 22, 2015 at 10:00 a.m. EST. Ariel Investments, Southpoint Capital Advisors and Eminence Capital was among Janus Capital Group Inc (NYSE:JNS) shareholders at the end of the third quarter.


Janus Capital Group Inc (NYSE:JNS)


Janus Capital Group Inc (NYSE:JNSand its subsidiaries (JCG) provide investment management, administration, distribution and related services to financial advisors, individuals and institutional clients through mutual funds, other pooled investment vehicles, separate accounts and sub advised relationships (collectively referred to as investment products) in both domestic and international markets.


Company Representatives:

Dick Weil – Chief Executive Officer

Jennifer McPeek – Chief Financial Officer



Dan Fannon – Jeffries

Ken Worthington – JP Morgan

Tom Whitehead – Morgan Stanley

Michael Kim – Sandler O’Neill

Michael Carrier – Bank of America

Robert Lee – KBW Securities

Patrick Davitt – Autonomous.


Good morning. My name is Tracy, and I will be your conference facilitator today. Thank you for standing by, and welcome to the Janus Capital Group Fourth Quarter and Full Year 2014 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question and answer period. In the interest of time, questions will be limited to one initial and one follow-up question. Today’s conference is being recorded.

In today’s conference call, certain matters discussed may constitute forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements due to a number of factors, including, but not limited to, those described in the forward-looking statements and risk factor section of the company’s most recent Form 10-K and other more recent filings made with the SEC. Janus Capital Group assumes no obligation to update any forward-looking statements made during the call. Thank you. Now it is my pleasure to introduce Dick Weil, Chief Executive Officer of Janus Capital Group. Mr. Weil, you may begin your conference.


Dick Weil – Chief Executive Officer

Good morning, everyone. Thank you, operator. Welcome to the fourth quarter and full year 2014 earnings presentation for the Janus Capital Group. Before, I start this morning; let me give a little bit of unusual preamble. I’m going to say some things today about some very positive accomplishments that we’re proud of both in terms of the fourth quarter and on our full year basis. I would like to just set the tone very clearly from the top while a number of things have gone our way and we will review some very important positive developments, we’re reporting on progress rather than victory. There needs to be a sustained level of net inflows and success in the vein that we’re going to talk about here in a minute for a much longer period of time before, we’ll be feeling secure in having made the strong turn towards the company that we all know we can be. So, please take today’s comments in the vein of marking progress and in that context let me turn the page to page 2.

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