Asset manager Janus Capital Group, owner of the Janus, Intech and Perkins funds, has reported second-quarter net income of $15.8 million down from the first-quarter net income of $28.0 million, and $23.4 million, a year ago.

Average assets under management during the second quarter 2013 were $164.2 billion compared with $161.8 billion during the first quarter 2013 and $155.0 billion during the second quarter 2012, the firm said in a statement late last week. 

At June 30, total assets under management were $160.6 billion compared with $163.8 billion at March 31, 2013 and $152.4 billion at June 30, 2012. "The decrease in complex-wide assets during the second quarter 2013 reflects long-term net outflows of $5.4 billion offset by net market appreciation of $2.2 billion. Fundamental equity and mathematical equity long-term net outflows totaled $4.3 billion and $1.2 billion, respectively, while fixed income long-term net inflows totaled $0.1 billion," the firm said.