Virtus Investment Partners Reports Preliminary August 31, 2021 Assets Under Management

Rhea-AI Summary

Virtus Investment Partners reported preliminary assets under management of $183.3 billion as of August 31, 2021. The company also oversees an additional $3.9 billion in fee-earning assets not included in this figure. Breakdown by product type shows open-end funds at $75.6 billion, closed-end funds at $12.2 billion, and retail separate accounts at $42.5 billion. The overall increase from $180.3 billion as of July 31, 2021, suggests growth in asset management performance.

Positive

• Increase in assets under management to $183.3 billion from $180.3 billion in the previous month.
• Significant growth in open-end funds, rising to $75.6 billion.
• Expansion in retail separate accounts, now totaling $42.5 billion.

Negative

• None.

HARTFORD, Conn., Sept. 13, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management as of August 31, 2021 of $183.3 billion. In addition, the company provided services to $3.9 billion of other fee-earning assets that are not included in assets under management.

Assets Under Management (unaudited)
($ in millions)
By Product Type:	August 31, 2021				July 31, 2021
Open-End Funds	$	75,576			$	75,067
Closed-End Funds	12,222				12,081
Exchange Traded Funds	1,322				1,279
Retail Separate Accounts	42,474				41,499
Institutional Accounts	47,906				46,569
Structured Products	3,792				3,779
Total	$	183,292			$	180,274

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.