VRTS - Virtus Investment Partners Reports Preliminary October 31 2023 Assets Under Management
Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $155.8 billion as of October 31, 2023. In addition, the company provided services to $2.4 billion of other fee-earning assets, which are not included in assets under management.
| Assets Under Management (unaudited) |
| ($ in millions) |
|
|
|
|
|
|
|
|
| By Product Type: |
| October 31, 2023 |
|
|
| September 30, 2023 |
| Open-End Funds (1) |
| $ |
| 51,800 |
|
|
| $ |
| 54,145 |
| Closed-End Funds |
|
|
| 9,267 |
|
|
|
|
| 9,472 |
| Retail Separate Accounts |
|
|
| 36,818 |
|
|
|
|
| 38,665 |
| Institutional Accounts (2) |
|
|
| 57,938 |
|
|
|
|
| 60,257 |
| Total |
| $ |
| 155,823 |
|
|
| $ |
| 162,539 |
| (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/20231109073820/en/
Sean Rourke
(860) 263-4709
sean.rourke@virtus.com