Virtus Investment Partners Reports Preliminary April 30, 2024 Assets Under Management
Virtus Investment Partners Reports Preliminary April 30, 2024 Assets Under Management
Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management of $170.1 billion as of April 30, 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) |
|||||
|
|
|
|
||
By Product Type: |
April 30, 2024 |
|
March 31, 2024 |
||
Open-End Funds (1) |
$ |
55,114 |
|
$ |
57,818 |
Closed-End Funds |
|
9,798 |
|
|
10,064 |
Retail Separate Accounts |
|
44,760 |
|
|
46,816 |
Institutional Accounts (2) |
|
60,392 |
|
|
64,613 |
Total |
$ |
170,064 |
|
$ |
179,311 |
|
|
|
|
||
By Asset Class: |
April 30, 2024 |
|
March 31, 2024 |
||
Equity |
$ |
96,272 |
|
$ |
103,501 |
Fixed Income |
|
36,287 |
|
|
37,037 |
Multi-Asset (3) |
|
21,183 |
|
|
21,975 |
Alternatives (4) |
|
16,322 |
|
|
16,798 |
Total |
$ |
170,064 |
|
$ |
179,311 |
(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.
Sean Rourke
(860) 263-4709
sean.rourke@virtus.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20240509356050/en/
-
Markets Brief: Tech Stocks Lead Ahead of Nvidia Earnings
-
How Anti-Obesity Drugs Are Innovating the Healthcare Market
-
What’s Happening In the Markets This Week
-
Why Immigration Has Boosted Job Gains and the Economy
-
What to Invest in During High Inflation
-
Never Mind Market Efficiency: Are the Markets Sensible?
-
Starbucks Stock Could Use a Pick-Me-Up After Big Selloff; Is it a Buy?
-
5 Cheap Stocks to Buy From an Attractive Part of the Market
-
Should You Buy and Hold an Artificial Intelligence Portfolio?
-
3 Cheap and Dependable Dividend-Growth Stocks to Buy
-
The Best Bank Stocks to Buy
-
After Earnings, Is Roblox Stock a Buy, Sell, or Fairly Valued?
-
After Earnings, Is Lyft Stock a Buy, a Sell, or Fairly Valued?
-
8 Stock Picks in the Apparel Industry
-
Baidu Earnings: Advertising Weakness Offset by Continued Growth In Cloud Business
-
Going Into Earnings, Is Target Stock a Buy, a Sell, or Fairly Valued?