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Janus looks to revival in fortunes

A malpractice suit and fallout from the collapse in equities have caused three years of woe

Since leaving Goldman Sachs Asset Management to become chief investment officer at Janus Capital Group, Gary Black has endured weekly four-hour flights to Denver, Colorado from his family home on America's east coast.

Some might balk at such a long commute. Black prefers to point out that he is looking forward to teaching his four-year-old son to ski in the Rockies when he comes to visit. The first skill that Black's son will no doubt learn on his skis is how to stop on a downhill slope. It is a lesson that Black could easily apply to his new job.

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