Virtus Investment Partners Reports Preliminary June 30, 2022 Assets Under Management
HARTFORD, Conn., July 12, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $155.4 billion as of June 30, 2022. The decrease from March 31, 2022 primarily reflected market depreciation and net outflows in open-end funds and retail separate accounts, partially offset by positive net flows in institutional accounts. In addition, the company provided services to $3.0 billion of other fee-earning assets, which are not included in assets under management.
Assets Under Management (unaudited) |
|||||
($ in millions) |
|||||
By Product Type: |
June 30, 2022 |
May 31, 2022 |
March 31, 2022 |
||
Open-End Funds (1) |
$ 59,479 |
$ 64,927 |
$ 73,149 |
||
Closed-End Funds |
10,645 |
11,523 |
12,060 |
||
Retail Separate Accounts |
35,248 |
37,569 |
40,824 |
||
Institutional Accounts (2) |
50,048 |
53,155 |
57,309 |
||
Total |
$ 155,420 |
$ 167,174 |
$ 183,342 |
||
(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.
SOURCE Virtus Investment Partners, Inc.
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