Virtus Investment Partners Reports Preliminary July 31, 2024 Assets Under Management
August 12 2024 - 4:05PM
Business Wire
Virtus Investment Partners, Inc. (NYSE: VRTS) today reported
preliminary assets under management (AUM) of $178.1 billion and
other fee earning assets of $2.5 billion for total client assets of
$180.6 billion as of July 31, 2024. The increase in AUM from June
30, 2024 primarily reflects market performance and positive net
flows in retail separate accounts, partially offset by net outflows
in institutional accounts and open-end funds. Preliminary average
AUM for the month was $174.8 billion.
Assets
Under Management (unaudited)
($ in millions)
By Product Type:
July 31, 2024
June 30, 2024
Open-End Funds (1)
$
56,774
$
55,852
Closed-End Funds
10,208
9,915
Retail Separate Accounts (2)
48,017
45,672
Institutional Accounts (3)
63,094
62,146
Total Assets Under Management
$
178,093
$
173,585
By Asset Class:
July 31, 2024
June 30, 2024
Equity
$
102,869
$
99,224
Fixed Income
37,404
36,970
Multi-Asset (4)
21,351
21,060
Alternatives (5)
16,469
16,331
Total Assets Under Management
$
178,093
$
173,585
(1) Represents assets under management of
U.S. retail funds, global funds, exchange-traded funds, and
variable insurance funds
(2) Includes strategies for which
investment models are provided to managed account sponsors
(3) Represents assets under management of
institutional separate and commingled accounts including structured
products
(4) Consists of multi-asset offerings not
included in equity, fixed income, and alternatives
(5) 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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version on businesswire.com: https://www.businesswire.com/news/home/20240812770921/en/
Sean Rourke (860) 263-4709 sean.rourke@virtus.com
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