Virtus Investment Partners Reports Preliminary March 31, 2025 Assets Under Management

Rhea-AI Summary

Virtus Investment Partners (NYSE: VRTS) reported preliminary assets under management (AUM) of $167.5 billion and other fee earning assets of $2.1 billion, totaling $169.6 billion in client assets as of March 31, 2025.

The company experienced a decrease in AUM from December 31, 2024 ($175.0 billion) due to market performance and net outflows across U.S. retail mutual funds, institutional accounts, and retail separate accounts. This decline was partially offset by positive net flows in exchange-traded funds. The preliminary average AUM for the quarter was $173.6 billion.

By asset class, the portfolio composition as of March 31, 2025 included:

• Equity: $93.6 billion
• Fixed Income: $37.9 billion
• Multi-Asset: $20.8 billion
• Alternatives: $15.1 billion

Positive

• Positive net flows in exchange-traded funds segment

Negative

• Total AUM decreased by $7.5 billion from December 2024 ($175.0B) to March 2025 ($167.5B)
• Net outflows across multiple segments: U.S. retail mutual funds, institutional accounts, and retail separate accounts
• Negative market performance impact on AUM

Insights

Financial Analyst

Virtus Investment Partners' preliminary Q1 2025 AUM report reveals concerning trends that warrant investor attention. Total AUM declined to $167.5 billion, marking a 4.3% decrease from the $175.0 billion reported at the end of Q4 2024. This reduction stems from both market performance headwinds and net outflows across multiple product categories.

The report highlights persistent redemption challenges in key distribution channels. U.S. retail mutual funds, institutional accounts, and retail separate accounts—collectively representing over 90% of Virtus' AUM—all experienced net outflows. Only the smaller exchange-traded fund segment demonstrated positive net flows, insufficient to offset broader outflow pressures.

Equity assets, which constitute 55.9% of total AUM, saw the steepest decline at 7.1% (from $100.8 billion to $93.6 billion). This disproportionate reduction in the highest-fee asset class likely means the revenue impact will exceed the overall 4.3% AUM decline.

The average AUM for Q1 at $173.6 billion suggests that March saw an acceleration of negative momentum compared to earlier in the quarter. The sequential monthly decline from February ($174.5 billion) to March ($167.5 billion) represents a 4.0% drop in a single month, indicating deteriorating conditions.

For an asset manager whose revenues are directly tied to AUM levels, these figures signal potential Q1 earnings pressure, particularly if the outflow trends persist beyond the reporting period.

HARTFORD, Conn.--(BUSINESS WIRE)-- Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management (AUM) of $167.5 billion and other fee earning assets of $2.1 billion for total client assets of $169.6 billion as of March 31, 2025. The decrease in AUM from December 31, 2024 primarily reflects market performance and net outflows in U.S. retail mutual funds, institutional accounts and retail separate accounts, partially offset by positive net flows in exchange-traded funds. Preliminary average AUM for the quarter was $173.6 billion.

Assets Under Management (unaudited)
($ in millions)
By Product Type:	March 31, 2025			February 28, 2025			December 31, 2024
Open-End Funds (1)	$	53,608		$	55,965		$	56,073
Closed-End Funds		10,273			10,438			10,225
Retail Separate Accounts (2)		46,920			49,202			49,536
Institutional Accounts (3)		56,662			58,927			59,167
Total Assets Under Management	$	167,463		$	174,532		$	175,001
By Asset Class:	March 31, 2025			February 28, 2025			December 31, 2024
Equity	$	93,624		$	99,146		$	100,792
Fixed Income		37,930			38,359			37,696
Multi-Asset (4)		20,834			21,435			21,174
Alternatives (5)		15,075			15,592			15,339
Total Assets Under Management	$	167,463		$	174,532		$	175,001

(1)		Represents assets under management of U.S. retail funds, global funds, and exchange-traded funds
(2)		Includes strategies for which investment models are provided to managed account sponsors
(3)		Represents assets under management of institutional separate and commingled accounts including structured products
(4)		Consists of multi-asset offerings not included in equity, fixed income, and alternatives
(5)		Consists of managed futures, event-driven, real estate securities, infrastructure, long/short, and other strategies

About Virtus Investment Partners, Inc.

Virtus Investment Partners (NYSE: 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 investment 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250410213141/en/

Investor Relations Contact:

Sean Rourke

(860) 263-4709

sean.rourke@virtus.com

Media Relations Contact:

Laura Parsons

(860) 503-1382

laura.parsons@virtus.com

Source: Virtus Investment Partners

FAQ

What was Virtus Investment Partners (VRTS) total AUM as of March 31, 2025?

VRTS reported total assets under management of $167.5 billion, with additional fee earning assets of $2.1 billion, bringing total client assets to $169.6 billion.

How did VRTS assets under management change from December 2024 to March 2025?

VRTS AUM decreased from $175.0 billion in December 2024 to $167.5 billion in March 2025, primarily due to market performance and net outflows.

What was the asset class breakdown for VRTS as of March 2025?

VRTS portfolio included $93.6B in equity, $37.9B in fixed income, $20.8B in multi-asset, and $15.1B in alternatives.

Which product segments experienced outflows for VRTS in Q1 2025?

VRTS experienced net outflows in U.S. retail mutual funds, institutional accounts, and retail separate accounts, while ETFs saw positive net flows.

What was VRTS average AUM for Q1 2025?

The preliminary average AUM for the quarter was $173.6 billion.