Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management (AUM) of $178.1 billion and other fee earning assets of $2.5 billion for total client assets of $180.6 billion as of July 31, 2024. The increase in AUM from June 30, 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 $174.8 billion.
Assets Under Management (unaudited) |
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($ in millions) |
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|
|
|
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By Product Type: |
July 31, 2024 |
|
June 30, 2024 |
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Open-End Funds (1) |
$ |
56,774 |
|
$ |
55,852 |
Closed-End Funds |
|
10,208 |
|
|
9,915 |
Retail Separate Accounts (2) |
|
48,017 |
|
|
45,672 |
Institutional Accounts (3) |
|
63,094 |
|
|
62,146 |
Total Assets Under Management |
$ |
178,093 |
|
$ |
173,585 |
|
|
|
|
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By Asset Class: |
July 31, 2024 |
|
June 30, 2024 |
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Equity |
$ |
102,869 |
|
$ |
99,224 |
Fixed Income |
|
37,404 |
|
|
36,970 |
Multi-Asset (4) |
|
21,351 |
|
|
21,060 |
Alternatives (5) |
|
16,469 |
|
|
16,331 |
Total Assets Under Management |
$ |
178,093 |
|
$ |
173,585 |
(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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Contacts
Sean Rourke
(860) 263-4709
sean.rourke@virtus.com
