VIRTUS INVESTMENT PARTNERS, INC. HARTFORD, Conn., Jan. 12, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary long-term and total assets under management (AUM) as of December 31, 2020 of $130.7 billion and $132.2 billion (including $1.5 billion of liquidity assets), respectively. The increase in long-term AUM from September 30, 2020 reflected market appreciation and positive net flows, including net inflows in retail separate accounts, open-end funds, institutional accounts, and exchange traded funds.
Assets Under Management (unaudited) | |||||||||||
($ in millions) | |||||||||||
By Product Type: | December 31, 2020 | November 30, 2020 | September 30, 2020 | ||||||||
Long-Term: | |||||||||||
Open-End Funds (1) | $ | 49,521 | $ | 47,378 | $ | 43,369 | |||||
Closed-End Funds | 5,914 | 5,924 | 5,629 | ||||||||
Exchange Traded Funds | 837 | 758 | 543 | ||||||||
Retail Separate Accounts | 29,751 | 27,920 | 24,727 | ||||||||
Institutional Accounts | 40,623 | 38,502 | 36,596 | ||||||||
Structured Products | 4,060 | 4,043 | 4,163 | ||||||||
Total Long-Term | 130,706 | 124,525 | 115,027 | ||||||||
Liquidity (2) | 1,488 | 1,543 | 1,460 | ||||||||
Total | $ | 132,194 | $ | 126,068 | $ | 116,487 | |||||
(1) | Includes AUM of mutual funds registered under the Investment Company Act of 1940 and Undertakings for Collective Investments in Transferable Securities (UCITS) |
(2) | Represents AUM in liquidity strategies, which reflect ultra-short duration fixed income products in open-end funds and institutional accounts |
About Virtus Investment Partners, Inc.
Virtus Investment Partners (NASDAQ: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. The company provides investment management products and services through its affiliated managers and select subadvisers, each with a distinct investment style, autonomous investment process, and individual brand. Virtus Investment Partners offers access to a variety of investment styles across multiple disciplines to meet a wide array of investor needs. Its affiliates include Ceredex Value Advisors, Duff & Phelps Investment Management, Kayne Anderson Rudnick Investment Management, Newfleet Asset Management, Seix Investment Advisors, Silvant Capital Management, Sustainable Growth Advisers, and Virtus ETF Solutions.
View original content to download multimedia:http://www.prnewswire.com/news-releases/virtus-investment-partners-reports-preliminary-december-31-2020-assets-under-management-301206915.html
SOURCE Virtus Investment Partners, Inc.
