Virtus Investment Partners Reports Preliminary December 31, 2020 Assets Under Management
HARTFORD, Conn., Jan. 12, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary long-term and total assets under management (AUM) as of December 31, 2020 of $130.7 billion and $132.2 billion (including $1.5 billion of liquidity assets), respectively. The increase in long-term AUM from September 30, 2020 reflected market appreciation and positive net flows, including net inflows in retail separate accounts, open-end funds, institutional accounts, and exchange traded funds.
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Assets Under Management (unaudited) |
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($ in millions) |
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By Product Type: |
December 31, 2020 |
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November 30, 2020 |
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September 30, 2020 |
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Long-Term: |
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Open-End Funds (1) |
$ |
49,521 |
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$ |
47,378 |
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$ |
43,369 |
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Closed-End Funds |
5,914 |
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5,924 |
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5,629 |
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Exchange Traded Funds |
837 |
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758 |
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543 |
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Retail Separate Accounts |
29,751 |
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27,920 |
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24,727 |
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Institutional Accounts |
40,623 |
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38,502 |
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36,596 |
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Structured Products |
4,060 |
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4,043 |
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4,163 |
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Total Long-Term |
130,706 |
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124,525 |
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115,027 |
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Liquidity (2) |
1,488 |
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1,543 |
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1,460 |
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Total |
$ |
132,194 |
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$ |
126,068 |
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$ |
116,487 |
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(1) |
Includes AUM of mutual funds registered under the Investment Company Act of 1940 and Undertakings for Collective Investments in Transferable Securities (UCITS) |
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(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.