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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) | |||
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.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/virtus-investment-partners-reports-preliminary-december-31-2016-assets-under-management-300391814.html
SOURCE Virtus Investment Partners, Inc.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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