Virtus Investment Partners Reports Preliminary January 31, 2022 Assets Under Management

Rhea-AI Summary

On February 9, 2022, Virtus Investment Partners reported preliminary assets under management (AUM) of $188.9 billion as of January 31, 2022, reflecting a growth from $187.2 billion at the end of December 2021. The report highlighted contributions from various product types, with Open-End Funds at $75.4 billion, Closed-End Funds at $11.7 billion, and Institutional Accounts rising to $55.1 billion. Additionally, the company manages $3.5 billion of other fee-earning assets, which are not included in AUM calculations.

Positive

• Preliminary AUM increased from $187.2 billion to $188.9 billion from December 2021 to January 2022.
• Institutional Accounts grew significantly, increasing from $48.1 billion to $55.1 billion.

Negative

• Open-End Funds declined from $77.2 billion in December 2021 to $75.4 billion in January 2022.
• Retail Separate Accounts decreased from $44.5 billion to $41.6 billion.

HARTFORD, Conn., Feb. 9, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management (AUM) of $188.9 billion as of January 31, 2022. In addition, the company provided services to $3.5 billion of other fee-earning assets, which are not included in assets under management. 

Assets Under Management (unaudited)
($ in millions)
By Product Type:	January 31, 2022(1)		December 31, 2021
Open-End Funds	$                      75,351		$                      77,227
Closed-End Funds	11,736		12,068
Exchange Traded Funds	1,430		1,479
Retail Separate Accounts	41,606		44,538
Institutional Accounts	55,123		48,140
Structured Products	3,635		3,734
Total	$                    188,881		$                    187,186

(1)	Includes $14.1 billion of assets under management related to the January 1, 2022 acquisition of Stone Harbor Investment Partners

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. 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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SOURCE Virtus Investment Partners, Inc.

FAQ

What are the preliminary assets under management for VRTS as of January 31, 2022?

As of January 31, 2022, Virtus Investment Partners reported preliminary assets under management of $188.9 billion.

How much did Virtus Investment Partners manage in retail separate accounts as of January 31, 2022?

Virtus Investment Partners managed $41.6 billion in retail separate accounts as of January 31, 2022.

What was the assets under management for institutional accounts of VRTS in January 2022?

In January 2022, the assets under management for institutional accounts of Virtus Investment Partners amounted to $55.1 billion.

What are the fee-earning assets reported by VRTS in the press release?

In addition to its AUM, Virtus Investment Partners also reported managing $3.5 billion in other fee-earning assets.

How did the assets under management change for various product types from December 2021 to January 2022?

Open-End Funds decreased from $77.2 billion to $75.4 billion, Closed-End Funds decreased from $12.1 billion to $11.7 billion, while Institutional Accounts increased from $48.1 billion to $55.1 billion.