Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $169.4 billion as of August 31, 2023. In addition, the company provided services to $2.6 billion of other fee-earning assets, which are not included in assets under management.
|
Assets Under Management (unaudited)
|
|
($ in millions)
|
|
|
|
|
|
|
By Product Type:
|
August 31, 2023
|
|
July 31, 2023
|
|
Open-End Funds (1)
|
$
|
56,559
|
|
$
|
57,779
|
|
Closed-End Funds
|
|
9,945
|
|
|
10,326
|
|
Retail Separate Accounts
|
|
40,337
|
|
|
40,481
|
|
Institutional Accounts (2)
|
|
62,527
|
|
|
63,284
|
|
Total
|
$
|
169,368
|
|
$
|
171,870
|
|
|
(1) Represents assets under management of U.S. retail funds, global funds, exchange traded funds, and variable insurance funds
|
|
(2) Represents assets under management of institutional separate and commingled accounts including structured products
|
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. 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230912723865/en/