HARTFORD, Conn., Jan. 10, 2020 /PRNewswire/ -- Virtus Investment
Partners, Inc. (NASDAQ: VRTS) today reported preliminary long-term
and total assets under management (AUM) as of December 31, 2019 of $107.7 billion and $108.9
billion (including $1.2
billion of liquidity assets), respectively.
|
Assets Under
Management (unaudited)
|
|
($ in
millions)
|
|
Preliminary
|
|
Final
|
|
By Product
Type:
|
December 31,
2019
|
|
September 30,
2019
|
|
Long-Term:
|
|
|
|
|
Open-End Funds
(1)
|
$
|
42,870
|
|
|
$
|
41,190
|
|
|
Closed-End
Funds
|
6,748
|
|
|
6,816
|
|
|
Exchange Traded
Funds
|
1,156
|
|
|
1,054
|
|
|
Retail Separate
Accounts
|
20,414
|
|
|
18,863
|
|
|
Institutional
Accounts
|
32,635
|
|
|
30,951
|
|
|
Structured
Products
|
3,903
|
|
|
3,972
|
|
|
Total
Long-Term
|
107,726
|
|
|
102,846
|
|
|
|
|
|
|
Liquidity
(2)
|
1,178
|
|
|
1,221
|
|
|
Total
|
$
|
108,904
|
|
|
$
|
104,067
|
|
|
|
|
(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, Rampart
Investment Management, Seix Investment Advisors, Silvant Capital
Management, Sustainable Growth Advisers, and Virtus ETF
Solutions.
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SOURCE Virtus Investment Partners