Virtus Investment Partners Reports Preliminary September 30, 2022 Assets Under Management
10/11/2022 - 04:05 PM
HARTFORD, Conn. , Oct. 11, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $145.0 billion as of September 30, 2022 . The decrease from June 30, 2022 primarily reflected market depreciation and net outflows in open-end funds, institutional accounts and retail separate accounts, partially offset by positive net flows in closed-end funds. 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:
September 30, 2022
August 31, 2022
June 30, 2022
Open-End Funds (1)
$ 54,454
$ 59,895
$ 59,479
Closed-End Funds
10,146
10,999
10,645
Retail Separate Accounts
33,381
36,108
35,248
Institutional Accounts (2)
46,993
50,767
50,048
Total
$ 144,974
$ 157,769
$ 155,420
(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 .
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SOURCE Virtus Investment Partners, Inc.
Virtus Investment Partners Inc
VRTS Rankings
#1903 Ranked by Stock Gains
VRTS Stock Data
Industry
Securities and Commodity Exchanges
Sector
Finance and Insurance
Tags
Finance, Investment Managers, Finance and Insurance, Securities and Commodity Exchanges
Country
US
City
Hartford
About VRTS
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