Virtus Investment Partners Reports Preliminary May 31, 2023 Assets Under Management
HARTFORD, Conn., June 12, 2023--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $160.9 billion as of May 31, 2023. 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: | May 31, 2023 | April 30, 2023 | |||||
Open-End Funds (1) | $ | 55,038 | $ | 56,187 | |||
Closed-End Funds | 9,965 | 10,399 | |||||
Retail Separate Accounts | 36,622 | 37,300 | |||||
Institutional Accounts (2) | 59,282 | 58,329 | |||||
Total | $ | 160,907 | $ | 162,215 |
(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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230612005093/en/
Contacts
Sean Rourke
(860) 263-4709
sean.rourke@virtus.com