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

Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management of $179.3 billion as of March 31, 2024. The increase from December 31, 2023 primarily reflects market performance and net inflows in retail separate accounts, partially offset by net outflows in institutional accounts and open-end funds. In addition, the company provided services to $2.7 billion of other fee-earning assets, which are not included in assets under management.

Assets Under Management (unaudited)

($ in millions)

 

 

 

 

 

 

By Product Type:

March 31, 2024

 

February 29, 2024

 

December 31, 2023

Open-End Funds (1)

$

57,818

 

$

56,984

 

$

56,062

Closed-End Funds

 

10,064

 

 

9,856

 

 

10,026

Retail Separate Accounts

 

46,816

 

 

45,327

 

 

43,202

Institutional Accounts (2)

 

64,613

 

 

63,939

 

 

62,969

Total

$

179,311

 

$

176,106

 

$

172,259

 

 

 

 

 

 

By Asset Class:

March 31, 2024

 

February 29, 2024

 

December 31, 2023

Equity

$

103,501

 

$

101,336

 

$

96,703

Fixed Income

 

37,037

 

 

36,712

 

 

37,192

Multi-Asset (3)

 

21,975

 

 

21,613

 

 

21,411

Alternatives (4)

 

16,798

 

 

16,445

 

 

16,953

Total

$

179,311

 

$

176,106

 

$

172,259

(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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Sean Rourke [phone] [e-mail]