Virtus Investment Partners Reports Preliminary October 31, 2024 Assets Under Management
November 12, 2024 at 07:07 am EST
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Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management (AUM) of $179.4 billion and other fee earning assets of $2.3 billion for total client assets of $181.7 billion as of October 31, 2024. The decrease in AUM from October 31, 2024 primarily reflects market performance and net outflows due to open-end funds and institutional accounts, partially offset by positive net flows in retail separate accounts. Preliminary average AUM for the quarter was $182.4 billion.
Assets Under Management (unaudited)
($ in millions)
By Product Type:
October 31, 2024
September 30, 2024
Open-End Funds (1)
$
56,625
$
58,100
Closed-End Funds
10,300
10,432
Retail Separate Accounts (2)
49,812
50,610
Institutional Accounts (3)
62,672
64,600
Total Assets Under Management
$
179,409
$
183,742
By Asset Class:
October 31, 2024
September 30, 2024
Equity
$
104,543
$
106,784
Fixed Income
38,177
39,014
Multi-Asset (4)
21,271
21,619
Alternatives (5)
15,418
16,325
Total Assets Under Management
$
179,409
$
183,742
(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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Virtus Investment Partners, Inc. provides investment management and related services to individuals and institutions. The Company offers investments strategies for individual and institutional investors in different investment product structures and through multiple distribution channels. The Company provides various asset classes (equity, fixed income, multi-asset and alternative), geographies (domestic, global, international, and emerging), market capitalizations (large, mid, and small), styles (growth, core, and value) and investment approaches (fundamental and quantitative). Its retail products include open-end funds and exchange traded funds (ETFs), as well as closed-end funds and retail separate accounts. Its institutional products are offered through separate accounts and pooled to a variety of institutional clients. The Company also provides sub advisory services to other investment advisers and serve as the collateral manager for structured products.
VIRTUS INVESTMENT PARTNERS, INC. 
