Virtus Investment Partners Reports Preliminary August 31, 2024 Assets Under Management

Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management (AUM) of $180.5 billion and other fee earning assets of $2.6 billion for total client assets of $183.1 billion as of August 31, 2024. The increase in AUM from July 31, 2024 primarily reflects market performance and positive net flows in retail separate accounts, partially offset by net outflows in institutional accounts and open-end funds. Preliminary average AUM for the month was $175.6 billion.

Assets Under Management (unaudited)

($ in millions)

 

 

 

 

By Product Type:

August 31, 2024

 

July 31, 2024

Open-End Funds (1)

$

57,236

 

$

56,774

Closed-End Funds

 

10,435

 

 

10,208

Retail Separate Accounts (2)

 

48,993

 

 

48,017

Institutional Accounts (3)

 

63,816

 

 

63,094

Total Assets Under Management

$

180,480

 

$

178,093

 

 

 

 

By Asset Class:

August 31, 2024

 

July 31, 2024

Equity

$

104,778

 

$

102,869

Fixed Income

 

38,052

 

 

37,404

Multi-Asset (4)

 

21,319

 

 

21,351

Alternatives (5)

 

16,331

 

 

16,469

Total Assets Under Management

$

180,480

 

$

178,093

(1)

Represents assets under management of U.S. retail funds, global funds, exchange-traded funds, and variable insurance funds

(2)

Includes strategies for which investment models are provided to managed account sponsors

(3)

Represents assets under management of institutional separate and commingled accounts including structured products

(4)

Consists of multi-asset offerings not included in equity, fixed income, and alternatives

(5)

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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Sean Rourke [phone] [e-mail]