HARTFORD, Conn., April 13, 2020 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary long-term and total assets under management (AUM) as of March 31, 2020 of $89.5 billion and $90.7 billion (including $1.2 billion of liquidity assets), respectively. The decline in long-term AUM from December 31, 2019 reflected market depreciation and net outflows in mutual funds, institutional accounts, and exchange traded funds, partially offset by positive net flows in structured products and retail separate accounts.

Assets Under Management (unaudited)

($ in millions)


Preliminary


Final

By Product Type:

March 31, 2020


December 31, 2019

Long-Term:




Open-End Funds (1)

$

33,498



$

42,870


Closed-End Funds

5,343



6,748


Exchange Traded Funds

480



1,156


Retail Separate Accounts

17,660



20,414


Institutional Accounts

28,210



32,635


Structured Products

4,343



3,903


Total Long-Term

89,534



107,726






Liquidity (2)

1,160



1,178


Total

$

90,694



$

108,904




(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 Advisers. Additional information is available at virtus.com.

Virtus Investment Partners, Inc. (PRNewsFoto/Virtus Investment Partners, Inc.) (PRNewsfoto/Virtus Investment Partners)

 

 

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SOURCE Virtus Investment Partners, Inc.

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