Virtus Investment Partners Inc (FRA:VIP)
€ 139 -6 (-4.14%) Market Cap: 924.06 Mil Enterprise Value: 3.33 Bil PE Ratio: 9.08 PB Ratio: 1.13 GF Score: 73/100

Q2 2026 Virtus Investment Partners Inc Earnings Call Transcript

Jul 30, 2026 / 02:00 PM GMT
Release Date Price: €145 (-2.03%)

Key Points

Positve
  • Meaningful improvement in total net flows, with over $1 billion of positive net flows excluding quality equity strategies.
  • Strongest quarter of institutional sales and net flows in nearly three years.
  • Positive net flows in alternatives, fixed income, and multi-asset strategies.
  • ETF business continues to grow, generating $2 billion of net flows in the past year and reaching $5.8 billion in AUM.
  • Operating margin improved sequentially to 26.1% (28.2% excluding a discrete item), driven by higher revenues and lower seasonal expenses.
Negative
  • Continued net outflows of $5.6 billion, driven by persistent headwinds in quality-oriented equity strategies.
  • Quality equity strategies underperformed due to a market environment favoring momentum over quality factors.
  • Discrete non-cash expense of $3.8 million related to accelerated stock-based awards negatively impacted earnings.
  • Open-end fund net outflows worsened to $1.8 billion from $1.3 billion in the prior quarter.
  • Retail separate account net outflows remained elevated at $3.1 billion, driven by intermediary-sold quality equities.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

VRTS.N - Virtus Investment Partners Inc
Q2 2026 Virtus Investment Partners Inc Earnings Call
Jul 30, 2026 / 02:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning.

My name is Jacinda, and I will be your conference operator today.

I would like to welcome everyone to the Verus Investment Partners quarterly conference call.

The slide presentation for this call is available in the investor relations section of the Vertius website.

Call is being recorded and will be available for replay on the Verus website.

At this time, all participants are in a listen-only mode.

After the speaker's remarks, there will be a question-and-answer period, and instructions will follow at that time.

I will now turn the conference to your host, Sean Rourke.

Thanks, Jacinda, and good morning everyone.

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