HARTFORD, Conn., Jan. 12, 2021 /PRNewswire/ -- Virtus
Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary
long-term and total assets under management (AUM) as of
December 31, 2020 of $130.7 billion and $132.2
billion (including $1.5
billion of liquidity assets), respectively. The
increase in long-term AUM from September 30,
2020 reflected market appreciation and positive net flows,
including net inflows in retail separate accounts, open-end funds,
institutional accounts, and exchange traded funds.
Assets Under
Management (unaudited)
|
($ in
millions)
|
|
|
|
|
|
|
By Product
Type:
|
December 31,
2020
|
|
November 30,
2020
|
|
September 30,
2020
|
Long-Term:
|
|
|
|
|
|
Open-End Funds
(1)
|
$
|
49,521
|
|
|
$
|
47,378
|
|
|
$
|
43,369
|
|
Closed-End
Funds
|
5,914
|
|
|
5,924
|
|
|
5,629
|
|
Exchange Traded
Funds
|
837
|
|
|
758
|
|
|
543
|
|
Retail Separate
Accounts
|
29,751
|
|
|
27,920
|
|
|
24,727
|
|
Institutional
Accounts
|
40,623
|
|
|
38,502
|
|
|
36,596
|
|
Structured
Products
|
4,060
|
|
|
4,043
|
|
|
4,163
|
|
Total
Long-Term
|
130,706
|
|
|
124,525
|
|
|
115,027
|
|
|
|
|
|
|
|
Liquidity
(2)
|
1,488
|
|
|
1,543
|
|
|
1,460
|
|
Total
|
$
|
132,194
|
|
|
$
|
126,068
|
|
|
$
|
116,487
|
|
|
|
(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, Seix
Investment Advisors, Silvant Capital Management, Sustainable Growth
Advisers, and Virtus ETF Solutions.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/virtus-investment-partners-reports-preliminary-december-31-2020-assets-under-management-301206915.html
SOURCE Virtus Investment Partners, Inc.