PR Newswire
HARTFORD, Conn. , April 11, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $183.3 billion as of March 31, 2022. The decrease from December 31, 2021 primarily reflected market depreciation and net outflows in open-end funds, partially offset by the addition of $14.7 billion of assets from the acquisition of Stone Harbor Investment Partners and positive net flows in institutional and retail separate accounts. In addition, the company provided services to $3.5 billion of other fee-earning assets, which are not included in assets under management.
Assets Under Management (unaudited) | |||||
($ in millions) | |||||
| | | | | |
By Product Type: | March 31, 2022 | | February 28, 2022 | | December 31, 2021 |
Open-End Funds | 71,701 | | 73,121 | | 77,227 |
Closed-End Funds | 12,060 | | 11,689 | | 12,068 |
Exchange Traded Funds | 1,448 | | 1,402 | | 1,479 |
Retail Separate Accounts | 40,824 | | 40,808 | | 44,538 |
Institutional Accounts | 53,658 | | 53,002 | | 48,140 |
Structured Products | 3,651 | | 3,636 | | 3,734 |
Total | 183,342 | | 183,658 | | 187,186 |
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 .
SOURCE Virtus Investment Partners, Inc.