Virtus Investment Partners Reports Preliminary March 31, 2023 Assets Under Management

By: Virtus Investment Partners, Inc. via Business Wire

April 12, 2023 at 16:05 PM EDT

Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $154.8 billion as of March 31, 2023. The increase from December 31, 2022 primarily reflected market appreciation and net inflows in retail separate accounts, partially offset by net outflows in open-end funds and institutional accounts. 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 Management¹ (unaudited)
($ in millions)

By Product Type:	March 31, 2023		February 28, 2023		December 31, 2022
Open-End Funds (2)	$	53,865	$	54,261	$	53,000
Closed-End Funds		10,358		10,266		10,361
Retail Separate Accounts		37,397		37,743		35,352
Institutional Accounts (3)		53,229		51,998		50,663
Total (1)	$	154,849	$	154,268	$	149,376

(1)		Excludes AUM of AlphaSimplex, which the company acquired on April 1, 2023
(2)		Represents assets under management of U.S. retail funds, global funds, exchange traded funds, and variable insurance funds
(3)		Represents assets under management of institutional separate and commingled accounts including structured products

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. 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.