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Virtus Investment Partners Reports Preliminary February 28, 2023 Assets Under Management
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(Low)
Rhea-AI Sentiment
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HARTFORD, Conn.--(BUSINESS WIRE)--
Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $154.3 billion as of February 28, 2023. 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:
February 28, 2023
January 31, 2023
Open-End Funds (1)
$
54,261
$
55,996
Closed-End Funds
10,266
10,683
Retail Separate Accounts
37,743
37,744
Institutional Accounts (2)
51,998
53,389
Total
$
154,268
$
157,812
(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.
in latin, virtus connotes the characteristics of integrity, quality and strength. those are the traits we stand for today as an investment management provider and the traits that will define us in the future. virtus investment partners provides investment management products and services to individuals and institutions. we operate a multi-manager asset management business, comprising a number of individual affiliated managers, each with a distinct investment style, autonomous investment process and individual brand. we clearly understand the responsibility we have to our clients and we are committed to their success as investors. for important disclaimers, go to https://www.virtus.com/social-media-guidelines