Virtus Investment Partners Reports Preliminary February 29, 2024 Assets Under Management
HARTFORD, Conn., March 11, 2024--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management of $176.1 billion as of February 29, 2024. 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) | |||||
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By Product Type: | February 29, 2024 |
| January 31, 2024 | ||
Open-End Funds (1) | $ | 56,984 |
| $ | 55,601 |
Closed-End Funds |
| 9,856 |
|
| 9,795 |
Retail Separate Accounts |
| 45,327 |
|
| 43,084 |
Institutional Accounts (2) |
| 63,939 |
|
| 62,669 |
Total | $ | 176,106 |
| $ | 171,149 |
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By Asset Class: | February 29, 2024 |
| January 31, 2024 | ||
Equity | $ | 101,336 |
| $ | 96,530 |
Fixed Income |
| 36,712 |
|
| 36,779 |
Multi-Asset (3) |
| 21,613 |
|
| 21,149 |
Alternatives (4) |
| 16,445 |
|
| 16,691 |
Total | $ | 176,106 |
| $ | 171,149 |
(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 | |||||
(3) Consists of strategies and client accounts with substantial holdings in at least two of the following asset classes: equity, fixed income, and alternatives | |||||
(4) 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.
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Contacts
Sean Rourke
(860) 263-4709
sean.rourke@virtus.com