Virtus Investment Partners Reports Preliminary May 31, 2024 Assets Under Management
HARTFORD, Conn., June 11, 2024--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management of $173.3 billion as of May 31, 2024. 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) | |||||
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By Product Type: | May 31, 2024 |
| April 30, 2024 | ||
Open-End Funds (1) | $ | 56,170 |
| $ | 55,114 |
Closed-End Funds |
| 10,002 |
|
| 9,798 |
Retail Separate Accounts |
| 45,605 |
|
| 44,760 |
Institutional Accounts (2) |
| 61,548 |
|
| 60,392 |
Total | $ | 173,325 |
| $ | 170,064 |
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By Asset Class: | May 31, 2024 |
| April 30, 2024 | ||
Equity | $ | 98,353 |
| $ | 96,272 |
Fixed Income |
| 36,758 |
|
| 36,287 |
Multi-Asset (3) |
| 21,578 |
|
| 21,183 |
Alternatives (4) |
| 16,636 |
|
| 16,322 |
Total | $ | 173,325 |
| $ | 170,064 |
(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 |
(3) | Consists of strategies and client accounts with substantial holdings in at least two of the following asset classes: equity, fixed income, and alternatives |
(4) | Consists of managed futures, event-driven, real estate securities, infrastructure, long/short, and other strategies |
About Virtus Investment Partners, Inc.
Virtus Investment Partners (NYSE: 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.
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Contacts
Sean Rourke
(860) 263-4709
sean.rourke@virtus.com