Janus Capital saw its shares rise on Friday, while its rival asset management firms and the broader market experienced a decline, according to Reuters. Denver-based Janus' stock closed at $29.67, up 2.7 percent. The rise came amid a one-percent decline in the S&P 500 and Dow Jones Industrial average indices. The S&P Asset Management and Custody Banks index, meanwhile, went down by 1.6 percent. The gain in Janus' stock may be a result of the firm's announcement on Thursday that its funds attracted $1.5 billion in net inflows in the second quartr. Janus beat Wall Streeters expectations by posting a 57 percent profit for Q2.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE