HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management of $176.1 billion as of February 29, 2024. In addition, the company provided services to $2.6 billion of other fee-earning assets, which are not included in assets under management.
Assets Under Management (unaudited) |
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($ in millions) |
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By Product Type: |
February 29, 2024 |
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January 31, 2024 |
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Open-End Funds (1) |
$ |
56,984 |
|
$ |
55,601 |
Closed-End Funds |
|
9,856 |
|
|
9,795 |
Retail Separate Accounts |
|
45,327 |
|
|
43,084 |
Institutional Accounts (2) |
|
63,939 |
|
|
62,669 |
Total |
$ |
176,106 |
|
$ |
171,149 |
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By Asset Class: |
February 29, 2024 |
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January 31, 2024 |
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Equity |
$ |
101,336 |
|
$ |
96,530 |
Fixed Income |
|
36,712 |
|
|
36,779 |
Multi-Asset (3) |
|
21,613 |
|
|
21,149 |
Alternatives (4) |
|
16,445 |
|
|
16,691 |
Total |
$ |
176,106 |
|
$ |
171,149 |
(1) Represents assets under management of U.S. retail funds, global funds, exchange-traded funds, and variable insurance funds |
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(2) Represents assets under management of institutional separate and commingled accounts including structured products |
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(3) Consists of strategies and client accounts with substantial holdings in at least two of the following asset classes: equity, fixed income, and alternatives |
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(4) Consists of managed futures, event-driven, real estate securities, infrastructure, long/short, and other strategies |
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About Virtus Investment Partners, Inc.
Virtus Investment Partners (NYSE: 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.
