Janus Capital Group's assets under management, profits and revenue were up in the three months ended June 30, the company's earnings release on Wednesday showed.
But the Denver-based money management firm continued to struggle with net outflows, a common theme for several years.
Total assets under management were $177.7 billion, up 2% from March 31, and up 10.6% from a year earlier.
The increase in assets during the second quarter reflects net market appreciation of $6.9 billion partially offset by long-term net outflows of $3.3 billion, the earning release shows.
Fundamental equities saw net outflows totaling $3 billion in the second quarter while Janus' quantitative INTECH division reported outflows of $600 million and fixed-income saw net inflows of $300 million
The money manager reported net income of $36.3 million in the June 30 quarter, up 19% from the previous quarter and up 130% from a year earlier.
Revenue was reported at $231.2 million for the second quarter, flat from the previous quarter and up 7.1% from a year earlier.
