Virtus Investment Partners Reports Preliminary February 28, 2021 Assets Under Management
Virtus Investment Partners reported total assets under management (AUM) of $166.6 billion as of February 28, 2021.
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Rhea-AI Summary
Virtus Investment Partners reported total assets under management (AUM) of $166.6 billion as of February 28, 2021. The company also stated it managed an additional $3.4 billion in other fee-earning assets. Key figures include AUM from open-end funds at $72.6 billion, closed-end funds at $11.4 billion, and retail separate accounts at $35.4 billion. This data reflects the partnership's commitment to providing diverse investment management solutions.
Positive
- Total assets under management reached $166.6 billion.
- Increased AUM in open-end funds to $72.6 billion from $70.9 billion.
- Managed additional fee-earning assets of $3.4 billion.
Negative
- Closed-end funds saw a slight decrease in AUM from $11.5 billion to $11.4 billion.
- Retail separate accounts growth slower than previous months, increasing from $33.8 billion to $35.4 billion.
Details
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HARTFORD, Conn., March 9, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported total assets under management (AUM) as of February 28, 2021 of
Assets Under Management (unaudited) | |||||||||||
($ in millions) | |||||||||||
By Product Type: | February 28, 2021 | January 31, 2021 Pro | January 31, 2021 | ||||||||
Open-End Funds | $ | 72,643 | $ | 70,895 | $ | 51,175 | |||||
Closed-End Funds | 11,432 | 11,500 | 5,808 | ||||||||
Exchange Traded Funds | 889 | 834 | 834 | ||||||||
Retail Separate Accounts | 35,434 | 33,846 | 30,297 | ||||||||
Institutional Accounts | 42,200 | 41,390 | 40,850 | ||||||||
Structured Products | 3,974 | 3,958 | 3,958 | ||||||||
Total | $ | 166,572 | $ | 162,423 | $ | 132,922 | |||||
(1) | Includes |
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. The company provides investment management products and services through its affiliated managers and select subadvisers, each with a distinct investment style, autonomous investment process, and individual brand. Virtus Investment Partners offers access to a variety of investment styles across multiple disciplines to meet a wide array of investor needs. Its affiliates include Ceredex Value Advisors, Duff & Phelps Investment Management, Kayne Anderson Rudnick Investment Management, Newfleet Asset Management, NFJ Investment Group, Seix Investment Advisors, Silvant Capital Management, Sustainable Growth Advisers, and Virtus ETF Solutions.
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SOURCE Virtus Investment Partners, Inc.
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