HARTFORD, Conn., Jan. 17, 2017 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $45.4 billion as of December 31, 2016 compared to $46.5 billion at September 30, 2016.
Assets Under Management (unaudited) ($ in millions) -------------- By Product Type: Preliminary December 31, 2016 September 30, 2016 Open- End Funds (1) $23,433 $25,266 Closed- End Funds 6,757 6,887 Exchange Traded Funds 597 461 Separately Managed Accounts (2) 8,473 7,925 Institutional Accounts (2)(3) 6,106 6,001 ----- ----- Total $45,366 $46,540 ======= =======
(1) Includes assets under management of open-end and variable insurance funds
(2) Includes assets under management related to option strategies
(3) Includes assets under management related to 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. 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 affiliated managers include Duff & Phelps Investment Management, Kayne Anderson Rudnick Investment Management, Newfleet Asset Management, Rampart Investment Management, and Virtus ETF Solutions. Additional information can be found at virtus.com.
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SOURCE Virtus Investment Partners, Inc.