HARTFORD, Conn., Nov. 9, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $149.5 billion as of October 31, 2022. In addition, the company provided services to $2.5 billion of other fee-earning assets, which are not included in assets under management.
Assets Under Management (unaudited) |
($ in millions) |
|
|
|
|
By Product Type: | October 31, 2022 |
| September 30, 2022 |
Open-End Funds (1) | $ 55,394 |
| $ 54,454 |
Closed-End Funds | 10,458 |
| 10,146 |
Retail Separate Accounts | 35,227 |
| 33,381 |
Institutional Accounts (2) | 48,418 |
| 46,993 |
Total | $ 149,497 |
| $ 144,974 |
(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 |
About Virtus Investment Partners, Inc.
Virtus Investment Partners (NASDAQ: 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.
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SOURCE Virtus Investment Partners, Inc.