Virtus Investment Partners Reports Preliminary September 30, 2024 Assets Under Management
October 10 2024 - 6:00AM
Business Wire
Virtus Investment Partners, Inc. (NYSE: VRTS) today reported
preliminary assets under management (AUM) of $183.7 billion and
other fee earning assets of $2.4 billion for total client assets of
$186.1 billion as of September 30, 2024. The increase in AUM from
June 30, 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 quarter was $176.0 billion.
Assets
Under Management (unaudited)
($ in millions)
By Product Type:
September 30, 2024
August 31, 2024
June 30, 2024
Open-End Funds (1)
$
58,100
$
57,236
$
55,852
Closed-End Funds
10,432
10,435
9,915
Retail Separate Accounts (2)
50,610
48,993
45,672
Institutional Accounts (3)
64,600
63,816
62,146
Total Assets Under Management
$
183,742
$
180,480
$
173,585
By Asset Class:
September 30, 2024
August 31, 2024
June 30, 2024
Equity
$
106,784
$
104,778
$
99,224
Fixed Income
39,014
38,052
36,970
Multi-Asset (4)
21,619
21,319
21,060
Alternatives (5)
16,325
16,331
16,331
Total Assets Under Management
$
183,742
$
180,480
$
173,585
(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/20241010094729/en/
Sean Rourke (860) 263-4709 sean.rourke@virtus.com
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