HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management (AUM) of $175.0 billion and other fee earning assets of $2.3 billion for total client assets of $177.3 billion as of December 31, 2024. The decrease in AUM from September 30, 2024 reflects net outflows in institutional accounts and open-end funds as well as negative market performance, partially offset by positive net flows in retail separate accounts. Institutional net outflows included a $3.3 billion partial redemption of a lower-fee mandate. Preliminary average AUM for the quarter was $182.1 billion.
Assets Under Management (unaudited) |
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($ in millions) |
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| By Product Type: | December 31, 2024 | November 30, 2024 | September 30, 2024 | |||||
| Open-End Funds (1) | $ 56,073 | $ 58,858 | $ 58,100 | |||||
| Closed-End Funds | $ 10,225 | $ 10,830 | $ 10,432 | |||||
| Retail Separate Accounts (2) | $ 49,536 | $ 52,280 | $ 50,610 | |||||
| Institutional Accounts (3) | $ 59,167 | $ 64,808 | $ 64,600 | |||||
| Total Assets Under Management | $ 175,001 | $ 186,776 | $ 183,742 | |||||
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.