Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $162.2 billion as of April 30, 2023. 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: | April 30, 2023 (1) |
| March 31, 2023 | ||
Open-End Funds (2) | $ | 56,187 |
| $ | 53,865 |
Closed-End Funds |
| 10,399 |
|
| 10,358 |
Retail Separate Accounts |
| 37,300 |
|
| 37,397 |
Institutional Accounts (3) |
| 58,329 |
|
| 53,229 |
Total | $ | 162,215 |
| $ | 154,849 |
(1) |
| Includes $7.8 billion of assets under management related to the April 1, 2023 acquisition of AlphaSimplex Group, LLC |
(2) |
| Represents assets under management of U.S. retail funds, global funds, exchange traded funds, and variable insurance funds |
(3) |
| 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/20230509006191/en/
Sean Rourke
(860) 263-4709
sean.rourke@virtus.com