HARTFORD, Conn., Jan. 11, 2019 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary long-term and total assets under management as of December 31, 2018 of $90.4 billion and $92.0 billion (including $1.6 billion of liquidity assets), respectively.
Assets Under Management (unaudited) | ||
($ in millions) | ||
By Product Type: | Preliminary | |
December 31, 2018 | September 30, 2018 | |
Long-Term: | ||
Open-End Funds (1) | $37,710 | $45,172 |
Closed-End Funds | 5,956 | 6,342 |
Exchange Traded Funds | 668 | 983 |
Retail Separate Accounts | 14,998 | 16,818 |
Institutional Accounts | 27,445 | 30,960 |
Structured Products | 3,640 | 3,648 |
Total Long-Term | 90,417 | 103,923 |
Liquidity (2) | 1,613 | 1,675 |
Total | $92,030 | $105,598 |
(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, Rampart Investment Management, Seix Investment Advisors, Silvant Capital Management, Sustainable Growth Advisers, and Virtus ETF Advisers.
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SOURCE Virtus Investment Partners, Inc.