INTECH Launches Its First European Equity Strategy

INTECH Investment Management LLC (INTECH), a subsidiary of Janus Capital Group Inc. (NYSE: JNS), today announced the formal launch of its European Equity strategy for institutional investors globally.

The strategy, denominated in euro, will be available to investors on a Europe or a Europe ex-UK basis and benchmarked to the MSCI Europe Index. It will be managed using INTECH’s mathematical investment process designed to seek long-term returns in excess of the target benchmark, while managing relative risk. This builds on the same volatility capture strategy that the firm has implemented since 1987.

"We have been building our global equity capability since 2004 and the European Equity strategy is a natural extension to our current strategies benchmarked to large-cap indices,” said Robert A. Garvy, Chairman and CEO of INTECH. "This is the first regional offering we’ve launched and have extended that ability to allow the regional-ex strategy, complementing the range of global and global-ex strategies we’ve launched in the last few years.”

The investment objective is to achieve outperformance of 2.75% to 3.25% (gross of fees), over a three-to-five year time period, of the MSCI Europe Index. The tracking error objective is 3.50% to 4.00% over the longer term.

In 2008, INTECH began offering its global-ex capability with the launch of the Global Core ex-Australia strategy and in 2009 the INTECH Global Core ex-Japan strategy.

INTECH has a record of mathematically driven equity investing that spans more than two decades, having managed large-cap equity portfolios since 1987. The result is an investment approach that has historically delivered high information ratios – a key measure of risk-adjusted excess return, investment efficiency, and consistency – across most of INTECH’s investment strategies.*

About INTECH

Headed by Chief Executive Officer Robert A. Garvy, INTECH Investment Management LLC (INTECH) was founded in 1987 following research undertaken by Dr. E. Robert Fernholz, the company’s Chief Investment Officer, and the publication of his paper, in 1982 on mathematical investment processes titled "Stochastic Portfolio Theory and Stock Market Equilibrium.” The company’s global headquarters is located in West Palm Beach, Florida, and has offices in Princeton, New Jersey, and London, England. As of June 30, 2009, INTECH had approximately $43.8 billion under management and 84 employees. INTECH is an independently managed subsidiary of Janus Capital Group Inc.

About Janus Capital Group Inc.

Founded in 1969, Denver-based Janus Capital Group Inc. (Janus) offers growth, risk-managed and value investment strategies. Janus’ commitment to deliver for investors is rooted in its research-intensive approach and relentless passion to gain a competitive edge. As of June 30, 2009, Janus managed $132.6 billion in assets for more than four million shareholders, clients and institutions around the globe. Outside the U.S., Janus has offices in London, Milan, Munich, Tokyo, Hong Kong, Singapore and Melbourne. Janus Capital Group consists of Janus Capital Management LLC, INTECH Investment Management LLC (INTECH), formerly known as Enhanced Investment Technologies, LLC and Perkins Investment Management LLC (Perkins), formerly known as Perkins, Wolf, McDonnell and Company LLC.

*Past performance does not guarantee future results. A favorable information ratio is not indicative of positive absolute performance.

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