Virtus Investment Partners Reports Preliminary November 30, 2020 Assets Under Management

Rhea-AI Summary

Virtus Investment Partners reported preliminary total assets under management (AUM) of $126.1 billion as of November 30, 2020, including $1.5 billion in liquidity assets. Its long-term AUM reached $124.5 billion, showing an increase from $115.2 billion reported in October 2020. Open-end funds contributed $47.4 billion to long-term AUM, up from $43.6 billion the previous month. Institutional accounts also saw growth, reaching $38.5 billion, compared to $36.1 billion in October.

Positive

• Total AUM increased to $126.1 billion from $116.6 billion month-over-month.
• Long-term AUM grew from $115.2 billion to $124.5 billion.
• Open-end funds AUM rose from $43.6 billion to $47.4 billion.

Negative

• None.

HARTFORD, Conn., Dec. 9, 2020 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary long-term and total assets under management (AUM) as of November 30, 2020 of $124.5 billion and $126.1 billion (including $1.5 billion of liquidity assets), respectively.

Assets Under Management (unaudited)
($ in millions)
By Product Type:	November 30, 2020				October 31, 2020
Long-Term:
Open-End Funds (1)	$	47,378			$	43,582
Closed-End Funds	5,924				5,697
Exchange Traded Funds	758				547
Retail Separate Accounts	27,920				25,162
Institutional Accounts	38,502				36,125
Structured Products	4,043				4,048
Total Long-Term	124,525				115,161
Liquidity (2)	1,543				1,395
Total	$	126,068			$	116,556

(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 is the total assets under management for VRTS as of November 30, 2020?

As of November 30, 2020, Virtus Investment Partners (VRTS) reported total AUM of $126.1 billion.

How much did the long-term assets under management for VRTS increase from October to November 2020?

Long-term assets under management for VRTS increased from $115.2 billion in October 2020 to $124.5 billion in November 2020.

What was the contribution of open-end funds to VRTS long-term AUM in November 2020?

Open-end funds contributed $47.4 billion to Virtus Investment Partners' long-term AUM as of November 30, 2020.

What was the liquidity assets figure for VRTS as of November 30, 2020?

As of November 30, 2020, Virtus Investment Partners reported liquidity assets of $1.5 billion.