Company Website:
https://www.virtus.com/#product.all/class.all
HARTFORD, Conn. -- (Business Wire)
Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management of $176.1 billion as of February 29, 2024. In addition, the company provided services to $2.6 billion of other fee-earning assets, which are not included in assets under management.
Assets Under Management (unaudited) |
($ in millions)
|
|
|
|
|
By Product Type: | February 29, 2024 |
| January 31, 2024 |
Open-End Funds (1)
|
$
|
56,984
|
|
$
|
55,601
|
Closed-End Funds
|
|
9,856
|
|
|
9,795
|
Retail Separate Accounts
|
|
45,327
|
|
|
43,084
|
Institutional Accounts (2)
|
|
63,939
|
|
|
62,669
|
Total |
$
|
176,106
|
|
$
|
171,149
|
|
|
|
|
By Asset Class: | February 29, 2024 |
| January 31, 2024 |
Equity
|
$
|
101,336
|
|
$
|
96,530
|
Fixed Income
|
|
36,712
|
|
|
36,779
|
Multi-Asset (3)
|
|
21,613
|
|
|
21,149
|
Alternatives (4)
|
|
16,445
|
|
|
16,691
|
Total |
$
|
176,106
|
|
$
|
171,149
|
(1) Represents assets under management of U.S. retail funds, global funds, exchange-traded funds, and variable insurance funds
| | | | | |
(2) Represents assets under management of institutional separate and commingled accounts including structured products
| | | | | |
(3) Consists of strategies and client accounts with substantial holdings in at least two of the following asset classes: equity, fixed income, and alternatives
| | | | | |
(4) Consists of managed futures, event-driven, real estate securities, infrastructure, long/short, and other strategies
| | | | | |
About Virtus Investment Partners, Inc.
Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our affiliated managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240311097628/en/
Contacts:
Sean Rourke
(860) 263-4709
sean.rourke@virtus.com
Source: Virtus Investment Partners
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