HARTFORD, Conn., April 12, 2021 /PRNewswire/ -- Virtus
Investment Partners, Inc. (NASDAQ: VRTS) today reported total
assets under management (AUM) as of March 31, 2021 of
$168.9 billion. The increase in AUM
from December 31, 2020 reflected the
addition of $29.5 billion of assets
from the strategic partnership with Allianz Global Investors,
market appreciation, and positive net flows in retail separate
accounts, open-end funds, exchange traded funds, and
institutional. In addition, the company provided services to
$3.4 billion of other fee-earning
assets that are not included in assets under management.
Assets Under
Management (unaudited)
|
($ in
millions)
|
|
|
|
|
|
|
By Product
Type:
|
March 31,
2021
|
|
February 28,
2021
|
|
December 31,
2020
|
Open-End
Funds
|
$
|
72,164
|
|
|
$
|
72,643
|
|
|
$
|
50,771
|
|
Closed-End
Funds
|
11,664
|
|
|
11,432
|
|
|
5,914
|
|
Exchange Traded
Funds
|
1,021
|
|
|
889
|
|
|
837
|
|
Retail Separate
Accounts
|
37,244
|
|
|
35,434
|
|
|
29,751
|
|
Institutional
Accounts
|
42,802
|
|
|
42,200
|
|
|
40,861
|
|
Structured
Products
|
3,985
|
|
|
3,974
|
|
|
4,060
|
|
Total
|
$
|
168,880
|
|
|
$
|
166,572
|
|
|
$
|
132,194
|
|
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.
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. Its affiliates include Ceredex Value
Advisors, Duff & Phelps Investment Management, Kayne Anderson
Rudnick Investment Management, Newfleet Asset Management, NFJ
Investment Group, Seix Investment Advisors, Silvant Capital
Management, Sustainable Growth Advisers, and Virtus ETF
Solutions.
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SOURCE Virtus Investment Partners, Inc.