Virtus Investment Partners Reports Preliminary August 31, 2024 Assets Under Management
September 12 2024 - 6:00AM
Business Wire
Virtus Investment Partners, Inc. (NYSE: VRTS) today reported
preliminary assets under management (AUM) of $180.5 billion and
other fee earning assets of $2.6 billion for total client assets of
$183.1 billion as of August 31, 2024. The increase in AUM from July
31, 2024 primarily reflects market performance and positive net
flows in retail separate accounts, partially offset by net outflows
in institutional accounts and open-end funds. Preliminary average
AUM for the month was $175.6 billion.
Assets
Under Management (unaudited)
($ in millions)
By Product Type:
August 31, 2024
July 31, 2024
Open-End Funds (1)
$
57,236
$
56,774
Closed-End Funds
10,435
10,208
Retail Separate Accounts (2)
48,993
48,017
Institutional Accounts (3)
63,816
63,094
Total Assets Under Management
$
180,480
$
178,093
By Asset Class:
August 31, 2024
July 31, 2024
Equity
$
104,778
$
102,869
Fixed Income
38,052
37,404
Multi-Asset (4)
21,319
21,351
Alternatives (5)
16,331
16,469
Total Assets Under Management
$
180,480
$
178,093
(1)
Represents assets under management of U.S.
retail funds, global funds, exchange-traded funds, and variable
insurance funds
(2)
Includes strategies for which investment
models are provided to managed account sponsors
(3)
Represents assets under management of
institutional separate and commingled accounts including structured
products
(4)
Consists of multi-asset offerings not
included in equity, fixed income, and alternatives
(5)
Consists of managed futures, event-driven,
real estate securities, infrastructure, long/short, and other
strategies
About Virtus Investment Partners, Inc. Virtus Investment
Partners (NYSE: 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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version on businesswire.com: https://www.businesswire.com/news/home/20240912200742/en/
Sean Rourke (860) 263-4709 sean.rourke@virtus.com
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