Virtus Investment Partners Reports Preliminary October 31, 2020 Assets Under Management

Rhea-AI Summary

Virtus Investment Partners reported preliminary assets under management (AUM) totaling $116.6 billion as of October 31, 2020, including $1.4 billion in liquidity assets. Long-term AUM reached $115.2 billion, reflecting growth across various fund types. Notable figures include $43.6 billion in open-end funds and $25.2 billion in retail separate accounts. Compared to September 30, 2020, total AUM increased marginally from $116.5 billion.

Positive

• Total AUM increased to $116.6 billion, up from $116.5 billion in the prior month.
• Long-term AUM rose to $115.2 billion, indicating continued growth.

Negative

• No significant negative aspects mentioned.

HARTFORD, Conn., Nov. 10, 2020 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary long-term and total assets under management (AUM) as of October 31, 2020 of $115.2 billion and $116.6 billion (including $1.4 billion of liquidity assets), respectively.

Assets Under Management (unaudited)
($ in millions)
By Product Type:	October 31, 2020				September 30, 2020
Long-Term:
Open-End Funds (1)	$	43,582			$	43,369
Closed-End Funds	5,697				5,629
Exchange Traded Funds	547				543
Retail Separate Accounts	25,162				24,727
Institutional Accounts	36,125				36,596
Structured Products	4,048				4,163
Total Long-Term	115,161				115,027
Liquidity (2)	1,395				1,460
Total	$	116,556			$	116,487

(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 were the assets under management for Virtus (VRTS) as of October 31, 2020?

Virtus reported total assets under management of $116.6 billion as of October 31, 2020.

How much liquidity assets did Virtus (VRTS) hold as of October 31, 2020?

Virtus held liquidity assets totaling $1.4 billion as of October 31, 2020.

What was the long-term AUM for Virtus (VRTS) as of October 31, 2020?

The long-term AUM for Virtus as of October 31, 2020, was $115.2 billion.

How does the total AUM for Virtus (VRTS) compare to September 30, 2020?

Total AUM increased from $116.5 billion on September 30, 2020, to $116.6 billion on October 31, 2020.