HARTFORD, Conn., Jan. 13, 2016 /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 fourth quarter of 2015:
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Open-End Funds (1)
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($ millions)
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Quarter Ending
12/31/15(2)
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Assets under management, beginning of period
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$ 29,716.4
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Inflows
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2,546.9
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Outflows
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(3,702.0)
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Net flows
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(1,155.1)
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Market performance
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425.2
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Other (3)
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(104.4)
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Assets under management, end of period
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$ 28,882.1
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(1)Includes assets under management of open-end and variable insurance funds
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(2) Current quarter flows and assets under management are preliminary and subject to adjustment
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(3)Includes dividend distributions, net of reinvestments, marketable securities investments/(withdrawals), and the impact on assets from the use of leverage
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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, Euclid Advisors, Kayne Anderson Rudnick Investment Management, Kleinwort Benson Investors International, Newfleet Asset Management, Rampart Investment Management, Virtus ETF Solutions, and Zweig Advisers. Additional information can be found at www.virtus.com.
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SOURCE Virtus Investment Partners, Inc.
