Virtus Investment Partners Inc.
10/11/2021 | Press release | Distributed by Public on 10/11/2021 14:08
Virtus Investment Partners Reports Preliminary September 30, 2021 Assets Under Management
HARTFORD, Conn., Oct. 11, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management (AUM) as of September 30, 2021 of $177.3 billion. The decrease in AUM from June 30, 2021 reflected market performance and open-end fund net outflows, partially offset by positive net flows in retail separate accounts, exchange traded funds, and institutional. In addition, the company provided services to $3.7 billion of other fee-earning assets that are not included in assets under management.
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Assets Under Management (unaudited) |
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($ in millions) |
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By Product Type: |
September 30, 2021 |
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August 31, 2021 |
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June 30, 2021 |
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Open-End Funds (1) |
$ |
73,044 |
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$ |
75,576 |
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$ |
75,333 |
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Closed-End Funds |
11,721 |
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12,222 |
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11,993 |
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Exchange Traded Funds |
1,321 |
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1,322 |
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1,260 |
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Retail Separate Accounts |
41,528 |
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42,474 |
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40,578 |
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Institutional Accounts (1) |
45,882 |
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47,906 |
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45,604 |
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Structured Products |
3,809 |
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3,792 |
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3,870 |
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Total (1) |
$ |
177,305 |
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$ |
183,292 |
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$ |
178,638 |
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(1) Excludes Westchester Capital Management AUM, which the company acquired on October 1, 2021 |
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. The company provides investment management products and services through its affiliated managers and select subadvisers, each with a distinct investment style, autonomous investment process, and individual brand. Virtus Investment Partners offers access to a variety of investment styles across multiple disciplines to meet a wide array of investor needs. Its affiliates include Ceredex Value Advisors, Duff & Phelps Investment Management, Kayne Anderson Rudnick Investment Management, Newfleet Asset Management, NFJ Investment Group, Seix Investment Advisors, Silvant Capital Management, Sustainable Growth Advisers, Virtus ETF Solutions, and Westchester Capital Management.
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SOURCE Virtus Investment Partners, Inc.