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

Rhea-AI Summary

Virtus Investment Partners reported preliminary total assets under management (AUM) of $180.3 billion as of July 31, 2021. The company also managed $3.8 billion of fee-earning assets not included in AUM. AUM by product type includes $75.1 billion from open-end funds, $12.1 billion from closed-end funds, and $41.5 billion from retail separate accounts. Total AUM increased from $178.6 billion in June 2021, reflecting strong investment performance and inflows.

Positive

• Total AUM increased to $180.3 billion from $178.6 billion in June 2021, indicating growth.
• Managed an additional $3.8 billion in fee-earning assets outside of AUM.

Negative

• Open-end funds decreased slightly from $75.3 billion in June to $75.1 billion in July 2021.

HARTFORD, Conn., Aug. 10, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary total assets under management (AUM) as of July 31, 2021 of $180.3 billion. In addition, the company provided services to $3.8 billion of other fee-earning assets that are not included in assets under management.

Assets Under Management (unaudited)
($ in millions)
By Product Type:	July 31, 2021				June 30, 2021
Open-End Funds	$	75,067			$	75,333
Closed-End Funds	12,081				11,993
Exchange Traded Funds	1,279				1,260
Retail Separate Accounts	41,499				40,578
Institutional Accounts	46,569				45,604
Structured Products	3,779				3,870
Total	$	180,274			$	178,638

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.

FAQ

What are the total assets under management for Virtus Investment Partners as of July 31, 2021?

As of July 31, 2021, Virtus Investment Partners reported total assets under management of $180.3 billion.

How much did Virtus Investment Partners manage in fee-earning assets outside of AUM?

Virtus Investment Partners managed $3.8 billion in fee-earning assets not included in their total assets under management.

How do the assets under management for July 2021 compare to June 2021?

The assets under management increased from $178.6 billion in June 2021 to $180.3 billion in July 2021.

What were the AUM figures for open-end funds in July 2021?

In July 2021, the assets under management for open-end funds were $75.1 billion.