HARTFORD, Conn., Jan. 12, 2021 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary long-term and total assets under management (AUM) as of December 31, 2020 of $130.7 billion and $132.2 billion (including $1.5 billion of liquidity assets), respectively. The increase in long-term AUM from September 30, 2020 reflected market appreciation and positive net flows, including net inflows in retail separate accounts, open-end funds, institutional accounts, and exchange traded funds.
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Assets Under Management (unaudited)
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($ in millions)
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By Product Type:
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December 31, 2020
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November 30, 2020
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September 30, 2020
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Long-Term:
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Open-End Funds (1)
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$
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49,521
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$
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47,378
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$
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43,369
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Closed-End Funds
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5,914
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5,924
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5,629
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Exchange Traded Funds
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837
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758
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543
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Retail Separate Accounts
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29,751
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27,920
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24,727
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Institutional Accounts
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40,623
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38,502
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36,596
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Structured Products
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4,060
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4,043
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4,163
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Total Long-Term
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130,706
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124,525
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115,027
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Liquidity (2)
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1,488
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1,543
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1,460
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Total
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$
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132,194
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$
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126,068
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$
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116,487
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(1)
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Includes AUM of mutual funds registered under the Investment Company Act of 1940 and Undertakings for Collective Investments in Transferable Securities (UCITS)
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(2)
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Represents AUM in liquidity strategies, which reflect ultra-short duration fixed income products in open-end funds and institutional accounts
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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, Seix Investment Advisors, Silvant Capital Management, Sustainable Growth Advisers, and Virtus ETF Solutions.
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SOURCE Virtus Investment Partners, Inc.