Virtus Investment Partners Reports Preliminary December 31, 2023 Assets Under Management
Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $172.3 billion as of December 31, 2023. The increase from September 30, 2023 primarily reflects market performance and net inflows in retail separate accounts, partially offset by net outflows in open-end funds and institutional accounts. 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:
December 31, 2023
November 30, 2023
September 30, 2023
Open-End Funds (1)
$
56,062
$
54,392
$
54,145
Closed-End Funds
10,026
9,810
9,472
Retail Separate Accounts
43,202
39,903
38,665
Institutional Accounts (2)
62,969
61,406
60,257
Total
$
172,259
$
165,511
$
162,539
By Asset Class:
December 31, 2023
November 30, 2023
September 30, 2023
Equity
$
96,703
$
90,862
$
87,984
Fixed Income
37,192
37,109
37,352
Multi-Asset (3)
21,411
20,661
19,937
Alternatives (4)
16,953
16,879
17,266
Total
$
172,259
$
165,511
$
162,539
(1) |
Represents assets under management of U.S. retail funds, global funds, exchange-traded funds, and variable insurance funds |
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(2) |
Represents assets under management of institutional separate and commingled accounts including structured products |
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(3) |
Consists of strategies and client accounts with substantial holdings in at least two of the following asset classes: equity, fixed income, and alternatives |
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(4) |
Consists of managed futures, event-driven, real estate securities, infrastructure, long/short, and other strategies |
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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The Virtus Investment Partners Stock at the time of publication of the news with a fall of -0,47 % to 213EUR on Lang & Schwarz stock exchange (10. Januar 2024, 22:33 Uhr).