July 13, 2000 |
The parent of the Janus mutual funds, Stilwell Financial, starts trading today on the New York Stock Exchange--arriving as shares of fund managers and brokerages are hot again. Janus, perhaps the hottest fund company in recent years, might not need strength in its stock peer group to attract investors, of course. But it can't hurt. On Wednesday, shares of Stilwell parent Kansas City Southern Industries (KSU), which is spinning off Stilwell to shareholders, jumped $2.94 to $93.