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 $182.4 billion.
Assets Under Management (unaudited) |
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($ in millions) |
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By Product Type: |
October 31, 2024 |
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September 30, 2024 |
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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 |
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By Asset Class: |
October 31, 2024 |
|
September 30, 2024 |
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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 |
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(2) |
Includes strategies for which investment models are provided to managed account sponsors |
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(3) |
Represents assets under management of institutional separate and commingled accounts including structured products |
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(4) |
Consists of multi-asset offerings not included in equity, fixed income, and alternatives |
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(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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Contacts
Sean Rourke
(860) 263-4709
sean.rourke@virtus.com