Read as much as you want on BostonGlobe.com, anywhere and anytime, for just 99¢.

Janus strikes Dai-Ichi deal as Weil looks to reverse redemptions

Continue reading below

Janus Capital Group Inc. climbed on Tokyo-based Dai-ichi Life Insurance Co.’s purchase of a 20 percent stake in the Denver firm. Dai-ichi also plans to take a seat on the Janus board. “Our alliance represents a substantial leap forward in the development of our business in the Asia-Pacific region,” said CEO Richard M. Weil, whose firm manages $152 billion.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week