HARTFORD, Conn., July 15, 2015 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, today reported preliminary open-end mutual fund flows and assets under management for the second quarter of 2015:
|
Open-End Mutual Funds
|
|
($ millions)
|
Quarter Ending
6/30/15 (1)
|
|
|
|
Assets under management, beginning of period
|
$ 34,120.5
|
|
|
|
Inflows
|
2,611.3
|
|
Outflows
|
(4,120.1)
|
|
Net flows
|
(1,508.8)
|
|
|
|
Market performance
|
(339.5)
|
|
Other (2)
|
(61.2)
|
|
Assets under management, end of period
|
$ 32,211.0
|
|
(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 affiliates include Cliffwater Investments, Duff & Phelps Investment Management, ETF Issuer Solutions, 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 www.virtus.com.
Logo - http://photos.prnewswire.com/prnh/20121031/NE03346LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/virtus-investment-partners-announces-second-quarter-open-end-mutual-fund-flows-and-assets-300113607.html
SOURCE Virtus Investment Partners, Inc.
