11.04.2022 22:05:00
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Virtus Investment Partners Reports Preliminary March 31, 2022 Assets Under Management
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.
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SOURCE Virtus Investment Partners, Inc.
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