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 $171.1 billion as of January 31, 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: | | January 31, 2024 |
| December 31, 2023 |
Open-End Funds (1)
| |
$
|
55,601
|
|
$
|
56,062
|
Closed-End Funds
| |
|
9,795
|
|
|
10,026
|
Retail Separate Accounts
| |
|
43,084
|
|
|
43,202
|
Institutional Accounts (2)
| |
|
62,669
|
|
|
62,969
|
Total | |
$
|
171,149
|
|
$
|
172,259
|
| |
|
|
|
By Asset Class: | | January 31, 2024 |
| December 31, 2023 |
Equity
| |
$
|
96,530
|
|
$
|
96,703
|
Fixed Income
| |
|
36,779
|
|
|
37,192
|
Multi-Asset (3)
| |
|
21,149
|
|
|
21,411
|
Alternatives (4)
| |
|
16,691
|
|
|
16,953
|
Total | |
$
|
171,149
|
|
$
|
172,259
|
(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/20240212979084/en/
Contacts:
Sean Rourke
(860) 263-4709
sean.rourke@virtus.com
Source: Virtus Investment Partners
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