Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management of $171.1 billion as of January 31, 2024. In addition, the company provided services to $2.6 billion of other fee-earning assets, which are not included in assets under management.
Assets Under Management (unaudited) | ||||||
($ in millions) | ||||||
By Product Type: | January 31, 2024 | December 31, 2023 | ||||
Open-End Funds (1) | $ | 55,601 | $ | 56,062 | ||
Closed-End Funds | 9,795 | 10,026 | ||||
Retail Separate Accounts | 43,084 | 43,202 | ||||
Institutional Accounts (2) | 62,669 | 62,969 | ||||
Total | $ | 171,149 | $ | 172,259 | ||
By Asset Class: | January 31, 2024 | December 31, 2023 | ||||
Equity | $ | 96,530 | $ | 96,703 | ||
Fixed Income | 36,779 | 37,192 | ||||
Multi-Asset (3) | 21,149 | 21,411 | ||||
Alternatives (4) | 16,691 | 16,953 | ||||
Total | $ | 171,149 | $ | 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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