Janus Capital Group CEO Richard M. Weil is planning to reshape his company from its domestic stock focus into a global, multi-asset management powerhouse.
Weil said he wants to boost Janus's domestic lineup, institutional presence, retail and client-service resources and international offerings.
Weil recently joined Janus from bond giant PIMCO, where he focused on global advisory operations. He said growing Janus's fixed-income area is a top priority. Along with the exploding growth of bond funds, the firm's value platform Perkins Investment Management received most of the inflows this year. Holding onto those assets could be tricky, he said.
"It's important that we compete and win in that hot segment of fixed-income, because we are good at it," he said. "The way to keep those assets is to outperform."
Weil said Janus is looking for a new head of non-U.S. business and plans to add emerging market and regional investment products to its lineup.