11.01.2023 22:05:00

Virtus Investment Partners Reports Preliminary December 31, 2022 Assets Under Management

HARTFORD, Conn., Jan. 11, 2023 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $149.4 billion as of December 31, 2022. The increase from September 30, 2022 primarily reflected market appreciation and net inflows in institutional accounts, partially offset by net outflows in open-end funds and retail separate accounts. In addition, the company provided services to $2.5 billion of other fee-earning assets, which are not included in assets under management.

Assets Under Management (unaudited)

($ in millions)







By Product Type:

December 31, 2022


November 30, 2022


September 30, 2022

Open-End Funds (1)

$                  53,000


$                  56,744


$                  54,454

Closed-End Funds

10,361


10,812


10,146

Retail Separate Accounts

35,352


36,919


33,381

Institutional Accounts (2)

50,663


52,698


46,993

Total

$                 149,376


$                157,173


$                 144,974



(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.

Virtus Investment Partners, Inc. (PRNewsFoto/Virtus Investment Partners, Inc.) (PRNewsfoto/Virtus Investment Partners, Inc.)

 

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SOURCE Virtus Investment Partners, Inc.

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