HARTFORD, Conn., July 10, 2014 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, today reported preliminary flows and assets under management for its long-term, open-end mutual funds for the second quarter of 2014:
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Long-Term Open-End Mutual Funds
|
|
($ millions)
|
|
Quarter Ending
6/30/141
|
|
Assets under management, beginning of period
|
$
|
37,347.0
|
|
Inflows
|
|
3,148.5
|
|
Outflows
|
|
(2,398.0)
|
|
Net Flows
|
|
750.5
|
|
Market Appreciation
|
|
1,651.5
|
|
Other2
|
|
70.1
|
|
Assets under management, end of period
|
$
|
39,819.1
|
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1 Current quarter flows and assets under management are preliminary and subject to adjustment
2 Includes dividend distributions, marketable securities investments/(withdrawals), and the impact on assets from the use of leverage
About Virtus Investment Partners
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. Virtus offers access to a variety of investment styles across multiple disciplines to meet a wide array of investor needs, and provides products and services through affiliated managers and select subadvisers, each with a distinct investment style, autonomous investment process and individual brand. Its affiliated managers include Cliffwater Investments, Duff & Phelps Investment Management, Euclid Advisors, Kayne Anderson Rudnick Investment Management, Kleinwort Benson Investors International, Newfleet Asset Management, Newfound Investments, Rampart Investment Management and Zweig Advisers. Additional information can be found at virtus.com.
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SOURCE Virtus Investment Partners, Inc.
