HARTFORD, Conn., Jan. 14, 2015 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, today reported preliminary flows and assets under management for its long-term, open-end mutual funds for the fourth quarter of 2014:
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($ millions)
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Quarter Ending
12/31/14 (1)
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Assets under management, beginning of period
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$ 39,838.8
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Inflows
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2,841.3
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Outflows
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(5,028.5)
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Net Flows
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(2,187.2)
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Market Performance
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(379.3)
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Other (2)
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(980.0)
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Assets under management, end of period
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$ 36,292.3
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(1) Current quarter flows and assets under management are preliminary and subject to adjustment
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(2)Includes the impact on assets from changes in the level of leverage, dividend distributions net of reinvestments, and marketable securities investments/ (withdrawals)
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About Virtus Investment Partners
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. Virtus offers access to a variety of investment styles across multiple disciplines to meet a wide array of investor needs, and provides products and services through affiliated managers and select subadvisers, each with a distinct investment style, autonomous investment process and individual brand. Its affiliated managers include Cliffwater Investments, Duff & Phelps Investment Management, Euclid Advisors, Kayne Anderson Rudnick Investment Management, Kleinwort Benson Investors International, Newfleet Asset Management, Newfound Investments, Rampart Investment Management, and Zweig Advisers. Additional information can be found at virtus.com.
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SOURCE Virtus Investment Partners