HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $169.4 billion as of August 31, 2023. In addition, the company provided services to $2.6 billion of other fee-earning assets, which are not included in assets under management.
Assets Under Management (unaudited) |
|||||
($ in millions) |
|||||
|
|
|
|
||
By Product Type: |
August 31, 2023 |
|
July 31, 2023 |
||
Open-End Funds (1) |
$ |
56,559 |
|
$ |
57,779 |
Closed-End Funds |
|
9,945 |
|
|
10,326 |
Retail Separate Accounts |
|
40,337 |
|
|
40,481 |
Institutional Accounts (2) |
|
62,527 |
|
|
63,284 |
Total |
$ |
169,368 |
|
$ |
171,870 |
(1) Represents assets under management of U.S. retail funds, global funds, exchange traded funds, and variable insurance funds |
|||||
(2) Represents assets under management of institutional separate and commingled accounts including structured products |
|||||
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. We provide investment management products and services from our affiliated managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.
