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Mon, July 9, 2012 Virtus Investment Partners Announces Second Quarter Long-Term, Open-End Mutual Fund Flows and Assets
Virtus Investment Partners Announces Second Quarter Long-Term, Open-End Mutual Fund Flows and... -- HARTFORD, Conn., July 9, 2012 /PRNewswire/ --
Virtus Investment Partners Announces Second Quarter Long-Term, Open-End Mutual Fund Flows and Assets
HARTFORD, Conn., July 9, 2012 /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 second quarter of 2012:
Quarter Ended | ||
6/30/2012 | ||
Assets Under Management, beginning of period | $ 19,955.1 | |
Inflows | 2,754.0 | |
Redemptions | (1,363.1) | |
Net flows | 1,390.9 | |
Market appreciation (depreciation) | (253.3) | |
Other (1) | 33.4 | |
Assets Under Management, end of period | $ 21,126.1 | |
(1) Includes dividend distributions, impact on assets from use of leverage | ||
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. 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. Additional information can be found at [ www.virtus.com ].
(Logo: [ http://photos.prnewswire.com/prnh/20090105/NEM020LOGO ] )
SOURCE Virtus Investment Partners, Inc.
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