HARTFORD, Conn., July 12, 2018 /PRNewswire/ -- Virtus
Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary
long-term and total assets under management as of June 30, 2018 of $89.8
billion and $91.6 billion
(including $1.8 billion of liquidity
assets), respectively.
|
Assets Under
Management (unaudited)
($ in millions)
|
|
|
|
|
|
|
|
|
|
|
|
By Product
Type:
|
Preliminary
|
|
|
|
|
June 30, 2018
(1)
|
|
March 31,
2018
|
|
|
Long-Term:
|
|
|
|
Open-End Funds
(2)
|
$44,419
|
|
$43,202
|
|
|
Closed-End
Funds
|
6,295
|
|
6,133
|
|
|
Exchange Traded
Funds
|
1,030
|
|
980
|
|
|
Retail Separate
Accounts
|
14,678
|
|
14,012
|
|
|
Institutional
Accounts
|
19,727
|
|
19,411
|
|
|
Structured
Products
|
3,684
|
|
3,705
|
|
|
Total
Long-Term
|
89,833
|
|
87,443
|
|
|
|
|
|
|
|
Liquidity
(3)
|
1,785
|
|
1,642
|
|
|
Total
|
$91,618
|
|
$89,085
|
|
|
|
|
|
|
|
(1)
|
AUM at June 30, 2018
exclude assets of Sustainable Growth Advisers, in which the
company acquired a majority interest on July 1,
2018
|
|
(2)
|
Includes AUM of
mutual funds registered under the Investment Company Act of 1940
and Undertakings for Collective Investments in Transferable
Securities (UCITS)
|
|
(3)
|
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, Rampart
Investment Management, Seix Investment Advisors, Silvant Capital
Management, Sustainable Growth Advisers, and Virtus ETF
Solutions.
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SOURCE Virtus Investment Partners, Inc.