VRTS - Virtus Investment Partners Reports Preliminary February 29 2024 Assets Under Management
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) |
|
|
|
|
|
|
|
|
| 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 |
|
|
|
|
|
|
|
|
| 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 .
View source version on businesswire.com: https://www.businesswire.com/news/home/20240311097628/en/
Sean Rourke
(860) 263-4709
sean.rourke@virtus.com