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 (AUM) of $175.0 billion and other fee earning assets of $2.3 billion for total client assets of $177.3 billion as of December 31, 2024. The decrease in AUM from September 30, 2024 reflects net outflows in institutional accounts and open-end funds as well as negative market performance, partially offset by positive net flows in retail separate accounts. Institutional net outflows included a $3.3 billion partial redemption of a lower-fee mandate. Preliminary average AUM for the quarter was $182.1 billion.
Assets Under Management (unaudited) |
($ in millions)
|
|
|
|
|
|
|
By Product Type: | December 31, 2024 |
| November 30, 2024 |
| September 30, 2024 |
Open-End Funds (1)
|
$
|
56,073
|
|
$
|
58,858
|
|
$
|
58,100
|
Closed-End Funds
|
|
10,225
|
|
|
10,830
|
|
|
10,432
|
Retail Separate Accounts (2)
|
|
49,536
|
|
|
52,280
|
|
|
50,610
|
Institutional Accounts (3)
|
|
59,167
|
|
|
64,808
|
|
|
64,600
|
Total Assets Under Management |
$
|
175,001
|
|
$
|
186,776
|
|
$
|
183,742
|
|
|
|
|
|
|
By Asset Class: | December 31, 2024 |
| November 30, 2024 |
| September 30, 2024 |
Equity
|
$
|
100,792
|
|
$
|
110,162
|
|
$
|
106,784
|
Fixed Income
|
|
37,696
|
|
|
38,435
|
|
|
39,014
|
Multi-Asset (4)
|
|
21,174
|
|
|
22,231
|
|
|
21,619
|
Alternatives (5)
|
|
15,339
|
|
|
15,948
|
|
|
16,325
|
Total Assets Under Management |
$
|
175,001
|
|
$
|
186,776
|
|
$
|
183,742
|
(1)
| |
Represents assets under management of U.S. retail funds, global funds, exchange-traded funds, and variable insurance funds
|
(2)
| |
Includes strategies for which investment models are provided to managed account sponsors
|
(3)
| |
Represents assets under management of institutional separate and commingled accounts including structured products
|
(4)
| |
Consists of multi-asset offerings not included in equity, fixed income, and alternatives
|
(5)
| |
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/20250113571131/en/
Contacts:
Sean Rourke
(860) 263-4709
sean.rourke@virtus.com
Source: Virtus Investment Partners
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