HARTFORD, Conn., Oct. 12, 2016 /PRNewswire/ -- Virtus Investment Partners, Inc. VRTS, which operates a multi-manager asset management business, today reported preliminary open-end mutual fund flows and assets under management for the third quarter of 2016:
|
Open-End Funds1 | |
|
($ millions) |
Quarter Ending |
|
Assets under management, beginning of period |
$ 24,813.8 |
|
Inflows |
1,882.5 |
|
Outflows |
(2,139.4) |
|
Net Flows |
(256.9) |
|
Market Performance |
736.5 |
|
Other3 |
(27.0) |
|
Assets under management, end of period |
$ 25,266.4 |
|
1 Includes assets under management of open-end and variable insurance funds | |
|
2 Current quarter flows and assets under management are preliminary and subject to adjustment | |
|
3Includes dividend distributions, net of reinvestments, marketable securities | |
About Virtus Investment Partners
Virtus Investment Partners 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 affiliates include Duff & Phelps Investment Management, Euclid Advisors, Kayne Anderson Rudnick Investment Management, Newfleet Asset Management, Rampart Investment Management, and Virtus ETF Solutions. Additional information can be found at www.virtus.com.
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SOURCE Virtus Investment Partners, Inc.
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