HARTFORD, Conn., July 13, 2020 /PRNewswire/ -- Virtus Investment
Partners, Inc. (NASDAQ: VRTS) today reported preliminary long-term
and total assets under management (AUM) as of June 30, 2020 of $107.1
billion and $108.5 billion
(including $1.4 billion of liquidity
assets), respectively. The increase in long-term AUM from
March 31, 2020 reflected market
appreciation and positive net flows, including net inflows in
mutual funds, retail separate accounts and institutional accounts,
partially offset by net outflows in other products.
|
Assets Under
Management (unaudited)
|
|
($ in
millions)
|
|
By Product
Type:
|
June 30,
2020
|
|
May 31,
2020
|
|
March 31,
2020
|
|
Long-Term:
|
|
|
|
|
|
|
Open-End Funds
(1)
|
$
|
40,053
|
|
|
$
|
39,015
|
|
|
$
|
33,498
|
|
|
Closed-End
Funds
|
5,639
|
|
|
5,785
|
|
|
5,343
|
|
|
Exchange Traded
Funds
|
541
|
|
|
561
|
|
|
480
|
|
|
Retail Separate
Accounts
|
22,054
|
|
|
21,336
|
|
|
17,660
|
|
|
Institutional
Accounts
|
34,545
|
|
|
32,987
|
|
|
28,210
|
|
|
Structured
Products
|
4,264
|
|
|
4,250
|
|
|
4,343
|
|
|
Total
Long-Term
|
107,096
|
|
|
103,934
|
|
|
89,534
|
|
|
|
|
|
|
|
|
Liquidity
(2)
|
1,365
|
|
|
1,324
|
|
|
1,160
|
|
|
Total
|
$
|
108,461
|
|
|
$
|
105,258
|
|
|
$
|
90,694
|
|
|
|
|
(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, Inc.