Virtus Investment Partners Reports Preliminary January 31, 2024 Assets Under Management
HARTFORD, Conn., February 12, 2024--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management of $171.1 billion as of January 31, 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: | January 31, 2024 |
| December 31, 2023 | |||
Open-End Funds (1) | $ | 55,601 |
| $ | 56,062 | |
Closed-End Funds |
| 9,795 |
|
| 10,026 | |
Retail Separate Accounts |
| 43,084 |
|
| 43,202 | |
Institutional Accounts (2) |
| 62,669 |
|
| 62,969 | |
Total | $ | 171,149 |
| $ | 172,259 | |
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By Asset Class: | January 31, 2024 |
| December 31, 2023 | |||
Equity | $ | 96,530 |
| $ | 96,703 | |
Fixed Income |
| 36,779 |
|
| 37,192 | |
Multi-Asset (3) |
| 21,149 |
|
| 21,411 | |
Alternatives (4) |
| 16,691 |
|
| 16,953 | |
Total | $ | 171,149 |
| $ | 172,259 |
(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