Virtus Investment Partners Reports Preliminary December 31, 2020 Assets Under Management

Rhea-AI Summary

Virtus Investment Partners reported preliminary assets under management (AUM) as of December 31, 2020, totaling $132.2 billion, an increase from $126.068 billion in November 2020. Long-term AUM reached $130.7 billion, driven by market appreciation and positive net flows, including inflows in retail separate accounts and exchange traded funds. The company reported liquidity assets of $1.5 billion. Overall, the figures indicate robust growth and a diversified product offering amidst the investment landscape.

Positive

• Total AUM increased to $132.2 billion from $126.068 billion in November 2020.
• Long-term AUM rose to $130.7 billion, reflecting positive net flows.
• Strong inflows were observed in retail separate accounts and exchange traded funds.

Negative

• None.

HARTFORD, Conn., Jan. 12, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary long-term and total assets under management (AUM) as of December 31, 2020 of $130.7 billion and $132.2 billion (including $1.5 billion of liquidity assets), respectively.  The increase in long-term AUM from September 30, 2020 reflected market appreciation and positive net flows, including net inflows in retail separate accounts, open-end funds, institutional accounts, and exchange traded funds.

Assets Under Management (unaudited)
($ in millions)
By Product Type:	December 31, 2020				November 30, 2020				September 30, 2020
Long-Term:
Open-End Funds (1)	$	49,521			$	47,378			$	43,369
Closed-End Funds	5,914				5,924				5,629
Exchange Traded Funds	837				758				543
Retail Separate Accounts	29,751				27,920				24,727
Institutional Accounts	40,623				38,502				36,596
Structured Products	4,060				4,043				4,163
Total Long-Term	130,706				124,525				115,027
Liquidity (2)	1,488				1,543				1,460
Total	$	132,194			$	126,068			$	116,487

(1)	Includes AUM of mutual funds registered under the Investment Company Act of 1940 and Undertakings for Collective Investments in Transferable Securities (UCITS)
(2)	Represents AUM in liquidity strategies, which reflect ultra-short duration fixed income products in open-end funds and institutional accounts

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, Seix Investment Advisors, Silvant Capital Management, Sustainable Growth Advisers, and Virtus ETF Solutions.

 

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SOURCE Virtus Investment Partners, Inc.

FAQ

What were Virtus Investment Partners' total assets under management as of December 31, 2020?

Virtus Investment Partners reported total assets under management of $132.2 billion as of December 31, 2020.

How did Virtus Investment Partners' long-term assets under management change from September 30, 2020?

Long-term assets under management increased to $130.7 billion as of December 31, 2020, reflecting growth from previous quarters.

What contributed to the increase in Virtus Investment Partners' assets under management?

The increase was driven by market appreciation and positive net flows, particularly in retail separate accounts and exchange traded funds.

What were the liquidity assets reported by Virtus Investment Partners?

Virtus Investment Partners reported liquidity assets of $1.5 billion as of December 31, 2020.