Virtus Investment Partners Reports Preliminary March 31, 2021 Assets Under Management
PR Newswire
HARTFORD, Conn., April 12, 2021
HARTFORD, Conn., April 12, 2021 /PRNewswire/ — Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported total assets under management (AUM) as of March 31, 2021 of $168.9 billion. The increase in AUM from December 31, 2020 reflected the addition of $29.5 billion of assets from the strategic partnership with Allianz Global Investors, market appreciation, and positive net flows in retail separate accounts, open-end funds, exchange traded funds, and institutional. In addition, the company provided services to $3.4 billion of other fee-earning assets that are not included in assets under management.
Assets Under Management (unaudited) |
|||||||||||
($ in millions) |
|||||||||||
By Product Type: |
March 31, 2021 |
February 28, 2021 |
December 31, 2020 |
||||||||
Open-End Funds |
$ |
72,164 |
$ |
72,643 |
$ |
50,771 |
|||||
Closed-End Funds |
11,664 |
11,432 |
5,914 |
||||||||
Exchange Traded Funds |
1,021 |
889 |
837 |
||||||||
Retail Separate Accounts |
37,244 |
35,434 |
29,751 |
||||||||
Institutional Accounts |
42,802 |
42,200 |
40,861 |
||||||||
Structured Products |
3,985 |
3,974 |
4,060 |
||||||||
Total |
$ |
168,880 |
$ |
166,572 |
$ |
132,194 |
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.