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HARTFORD, Conn., Oct. 11, 2018 /PRNewswire/ -- Duff & Phelps Investment Management Co., an affiliated manager of Virtus Investment Partners, Inc. (NASDAQ: VRTS), today announced that Steven Wittwer, CFA, has been added as portfolio manager on the Virtus Duff & Phelps Global Infrastructure Fund (Class I: PGIUX). Connie Luecke, CFA, senior managing director and senior portfolio manager for Duff & Phelps's global listed infrastructure strategies, remains the lead portfolio manager on the fund.
Wittwer, who joined Duff & Phelps' global listed infrastructure team as a senior analyst in 2017, specializes in research and analysis of the global communications, transportation, and utility sectors. The global listed infrastructure team invests in owners/operators of essential services companies involved in the communications, utility, transportation, and energy industries.
"Steve's background and extensive industry knowledge strengthen our global listed infrastructure team and we are pleased to add him as a portfolio manager and senior analyst on the Virtus Duff & Phelps Global Infrastructure Fund," said Nathan Partain, president and chief investment officer, Duff & Phelps. "He has done a superb job as analyst for us for the past 21 months, and we look forward to the continued positive impact his presence will have in support of our clients and the growth of our firm."
Wittwer began his investment industry career in 1997 and joined Duff & Phelps in 2017 after almost four years at Great Lakes Advisors in Chicago where he served as a portfolio manager and research manager. Prior to joining Great Lakes Advisors, he worked at UBS Global Asset Management for 14 years in various capacities, operating as head of the global telecom team and a key participant on the firm's global technology team, and conducting research in the U.S., Asia, and Europe.
He earned his B.B.A. in accounting from the Wisconsin School of Business at the University of Wisconsin and his M.B.A. in finance from the Ross School of Business at the University of Michigan-Ann Arbor. Wittwer is a Chartered Financial Analyst® (CFA®) charterholder and earned the Certified Public Accountant designation.
About Duff & Phelps Investment Management
Duff & Phelps Investment Management Co., a subsidiary of Virtus Investment Partners, began in 1932 as a fundamental research firm and has been managing assets since 1979. The firm seeks to provide specialty investment strategies that enhance client outcomes through active portfolio management and customized solutions, with a process whose values include quality, reliability, and specialization. Investment strategies include global listed infrastructure, US and global real estate, MLPs and energy, and international equities. As of June 30, 2018, Duff & Phelps had $9.8 billion under management in institutional and retail separate accounts, open- and closed-end funds, and variable insurance funds. For more information visit www.dpimc.com.
About Virtus Investment Partners
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. In addition to Duff & Phelps Investment Management, its affiliates include Ceredex Value Advisors, Kayne Anderson Rudnick Investment Management, Newfleet Asset Management, Rampart Investment Management, Seix Investment Advisors, Silvant Capital Management, Sustainable Growth Advisers, and Virtus ETF Advisers. Additional information is available at virtus.com.
Equity securities: The market price of equity securities may be adversely affected by financial market, industry, or issuer-specific events. Focus on a particular style or on small or medium-sized companies may enhance that risk. Foreign Investing: Investing internationally involves additional risks such as currency, political, accounting, economic, and market risk. Industry/sector concentration: A fund that focuses its investments in a particular industry or sector will be more sensitive to conditions that affect that industry or sector than a non-concentrated fund. Income: Income received from the fund may vary widely over the short and long term.
Please carefully consider a fund's investment objectives, risks, charges, and expenses before investing. For this and other information about any Virtus Mutual Fund, contact your financial representative, call 1-800-243-4361, or visit virtus.com for a prospectus or summary prospectus. Read it carefully before investing.
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SOURCE Virtus Duff & Phelps Global Infrastructure Fund