Virtus Investment Partners Reports Preliminary June 30, 2021 Assets Under Management

Rhea-AI Summary

Virtus Investment Partners (NASDAQ: VRTS) announced a preliminary total assets under management (AUM) of $178.6 billion as of June 30, 2021. This represents a notable increase from $175.5 billion on March 31, 2021, attributed to market appreciation and positive net flows across various accounts including retail separate accounts, institutional accounts, and ETFs. The company also manages $3.8 billion in other fee-earning assets not included in AUM figures.

Positive

• Increase in AUM to $178.6 billion from $175.5 billion since March 31, 2021.
• Positive net flows in retail separate accounts, institutional accounts, and exchange-traded funds.
• Management of an additional $3.8 billion in fee-earning assets.

Negative

• None.

HARTFORD, Conn., July 12, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary total assets under management (AUM) as of June 30, 2021 of $178.6 billion. The increase in AUM from March 31, 2021 reflected market appreciation and positive net flows, including net inflows in retail separate accounts, institutional accounts, and exchange traded funds. 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:	June 30, 2021				May 31, 2021				March 31, 2021
Open-End Funds	$	75,333			$	74,109			$	72,164
Closed-End Funds	11,993				11,979				11,664
Exchange Traded Funds	1,260				1,161				1,021
Retail Separate Accounts	40,578				39,743				37,244
Institutional Accounts	45,604				44,701				42,802
Structured Products	3,870				3,853				3,985
Total	$	178,638			$	175,546			$	168,880

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 is the total assets under management for VRTS as of June 30, 2021?

As of June 30, 2021, VRTS reported total assets under management of $178.6 billion.

How much did VRTS's AUM increase since March 31, 2021?

VRTS's AUM increased from $175.5 billion as of March 31, 2021.

What factors contributed to the increase in AUM for VRTS?

The increase in AUM for VRTS was attributed to market appreciation and positive net flows.

What are the other fee-earning assets managed by VRTS?

VRTS manages an additional $3.8 billion in other fee-earning assets that are not included in the AUM figures.

Which account types saw net inflows for VRTS?

VRTS saw net inflows in retail separate accounts, institutional accounts, and exchange-traded funds.