PR Newswire
HARTFORD, Conn., July 13, 2017
HARTFORD, Conn., July 13, 2017 /PRNewswire/ -- Virtus
Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary long-term and total assets under management as of
June 30, 2017 of $85.0 billion and $88.6
billion (including $3.6 billion of liquidity assets), respectively. Long-term and total AUM
include assets resulting from the June 1, 2017 acquisition of RidgeWorth Investments.
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Assets Under Management (unaudited)
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($ in millions)
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By Product Type:
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Preliminary
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Pro Forma (1)
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June 30, 2017
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March 31, 2017
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March 31, 2017
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Long-Term:
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Open-End Funds (2)
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$41,453
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$40,694
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$24,717
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Closed-End Funds
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6,707
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6,814
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6,814
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Exchange Traded Funds
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969
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863
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863
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Retail Separate Accounts
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12,351
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12,297
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9,312
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Institutional Accounts
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20,639
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19,999
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5,712
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Structured Products
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2,900
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3,089
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602
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Total Long-Term
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$85,019
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$83,756
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$48,020
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Liquidity
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3,570
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6,573
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-
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Total
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$88,589
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$90,329
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$48,020
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(1) As previously disclosed, includes RidgeWorth AUM as of March 31, 2017,
prior to the completion of the acquisition of RidgeWorth. Reflects adjustments between product types to align reporting
policies.
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(2) Includes AUM of mutual funds registered under the Investment Company
Act of 1940 and Undertakings for Collective Investments in Transferable Securities (UCITS)
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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. The company provides investment management products and services through its affiliated managers and
select subadvisers, each with a distinct investment style, autonomous investment process, and individual brand. Virtus Investment
Partners offers access to a variety of investment styles across multiple disciplines to meet a wide array of investor needs. Its
affiliated managers include Ceredex Value Advisors,
Duff & Phelps Investment Management, Kayne Anderson Rudnick Investment Management, Newfleet Asset Management, Rampart Investment Management, Seix
Investment Advisors, Silvant Capital Management,
and Virtus ETF Solutions. Additional information
can be found at virtus.com.
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SOURCE Virtus Investment Partners, Inc.
