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

Rhea-AI Summary

Virtus Investment Partners reported preliminary assets under management (AUM) of $184.5 billion as of November 30, 2021. The company also manages $3.7 billion in other fee-earning assets not included in AUM. The breakdown of AUM by product type shows a decrease in open-end funds from $79.875 billion in October to $77.609 billion in November. Institutional accounts and structured products, however, showed stability with minimal fluctuations. This reporting offers insights into Virtus' investment management performance.

Positive

• Preliminary AUM of $184.5 billion indicates solid market presence.
• Total fee-earning assets of $3.7 billion showcase additional revenue potential.
• Institutional accounts remained stable at $46.731 billion.

Negative

• Open-end funds decreased from $79.875 billion to $77.609 billion, indicating potential outflows.

HARTFORD, Conn., Dec. 9, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management (AUM) as of November 30, 2021 of $184.5 billion. In addition, the company provided services to $3.7 billion of other fee-earning assets that are not included in assets under management.

Assets Under Management (unaudited)
($ in millions)
By Product Type:	November 30, 2021				October 31, 2021
Open-End Funds	$	77,609			$	79,875
Closed-End Funds	11,895				12,177
Exchange Traded Funds	1,376				1,383
Retail Separate Accounts	43,192				43,308
Institutional Accounts	46,731				46,935
Structured Products	3,720				3,711
Total	$	184,523			$	187,389

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, Virtus ETF Solutions, and Westchester Capital Management.

 

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SOURCE Virtus Investment Partners, Inc.

FAQ

What is Virtus Investment Partners' AUM as of November 30, 2021?

The preliminary AUM reported by Virtus Investment Partners is $184.5 billion.

How much in fee-earning assets does Virtus manage besides AUM?

Virtus manages an additional $3.7 billion in fee-earning assets not included in AUM.

What caused the decrease in open-end funds for VRTS in November 2021?

Open-end funds decreased from $79.875 billion in October to $77.609 billion in November, possibly indicating outflows.

How did Virtus Investment Partners' institutional accounts perform recently?

Institutional accounts remained stable at $46.731 billion as of November 30, 2021.