HARTFORD, Conn., Oct. 10, 2018 /PRNewswire/ -- Virtus Investment
Partners, Inc. (NASDAQ: VRTS) today reported preliminary long-term
and total assets under management as of September 30, 2018 of $103.9 billion and $105.6
billion (including $1.7
billion of liquidity assets), respectively. Long-term and
total AUM at September 30 include
assets resulting from the July 1,
2018 majority investment in Sustainable Growth Advisers
(SGA). SGA managed $11.3 billion,
primarily for institutional clients, as of June 30, 2018.
|
Assets Under
Management (unaudited)
($ in millions)
|
|
|
By Product
Type:
|
Preliminary
|
|
|
|
September 30,
2018
|
|
June 30, 2018
(1)
|
|
Long-Term:
|
|
|
|
|
Open-End Funds
(2)
|
$45,172
|
|
$44,419
|
|
Closed-End
Funds
|
6,342
|
|
6,295
|
|
Exchange Traded
Funds
|
983
|
|
1,030
|
|
Retail Separate
Accounts
|
16,818
|
|
14,678
|
|
Institutional
Accounts
|
30,960
|
|
19,727
|
|
Structured
Products
|
3,648
|
|
3,684
|
|
Total
Long-Term
|
103,923
|
|
89,833
|
|
|
|
|
|
Liquidity
(3)
|
1,675
|
|
1,785
|
|
Total
|
$105,598
|
|
$91,618
|
|
(1)
|
Excludes the assets
of Sustainable Growth Advisers
|
|
(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
Advisers.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/virtus-investment-partners-reports-preliminary-september-30-2018-assets-under-management-300728319.html
SOURCE Virtus Investment Partners, Inc.