HARTFORD, Conn., Jan. 11, 2022 /PRNewswire/ -- Virtus
Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary
assets under management (AUM) of $187.2
billion as of December 31, 2021. The increase from
September 30, 2021 reflected market
performance and the addition of the Westchester Capital Management
assets. Net flows for the fourth quarter were essentially
breakeven, as positive net flows in retail separate accounts,
institutional, and exchange traded funds were offset by net
outflows from open-end funds. In addition, the company provided
services to $3.8 billion of other
fee-earning assets, which are not included in assets under
management, at December 31, 2021.
Assets Under
Management¹
(unaudited)
|
($ in
millions)
|
|
|
|
|
|
|
By Product
Type:
|
December 31,
2021
|
|
November 30,
2021
|
|
September 30,
2021
|
Open-End
Funds
|
$
|
77,227
|
|
|
$
|
77,609
|
|
|
$
|
73,044
|
|
Closed-End
Funds
|
12,068
|
|
|
11,895
|
|
|
11,721
|
|
Exchange Traded
Funds
|
1,479
|
|
|
1,376
|
|
|
1,321
|
|
Retail Separate
Accounts
|
44,538
|
|
|
43,192
|
|
|
41,528
|
|
Institutional
Accounts
|
48,140
|
|
|
46,731
|
|
|
45,882
|
|
Structured
Products
|
3,734
|
|
|
3,720
|
|
|
3,809
|
|
Total
(1)
|
$
|
187,186
|
|
|
$
|
184,523
|
|
|
$
|
177,305
|
|
|
|
(1)
|
Excludes AUM of Stone
Harbor Investment Partners, which the company acquired on January
1, 2022
|
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, NFJ
Investment Group, Seix Investment Advisors, Silvant Capital
Management, Stone Harbor Investment Partners, Sustainable Growth
Advisers, Virtus ETF Solutions, and Westchester Capital
Management.
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SOURCE Virtus Investment Partners, Inc.