Business

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

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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.