RJ and Makay

Janus Capital Group Inc. (JNS) had two of its largest equity funds pulled from a Bank of America Merrill Lynch model portfolio, according to insiders familiar with the situation.  The Denver-based mutual fund company has been struggling to reverse almost two years of customer withdrawals.

The Janus Twenty Fund and Janus Forty Fund, with $9.24 billion and $6.29 billion, respectively, were dropped last month by Merrill Lynch from a standard collection of funds.