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Virtus Investment Partners Announces Third Quarter Long-Term, Open-End Mutual Fund Flows and Assets


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Published in Business and Finance on Monday, October 8th 2012 at 14:15 GMT by Market Wire   Print publication without navigation


Virtus Investment Partners Announces Third Quarter Long-Term, Open-End Mutual Fund Flows and... -- HARTFORD, Conn., Oct. 8, 2012 /PRNewswire/ --

Virtus Investment Partners Announces Third Quarter Long-Term, Open-End Mutual Fund Flows and Assets

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HARTFORD, Conn., Oct. 8, 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 third quarter of 2012:  



($ millions)

Quarter Ending

9/30/12



Assets under management, beginning of period

$   21,126.1



Inflows

3,304.8

Outflows

(1,708.9)

Net Flows

1,595.9



Other (1)

(18.2)

Market Appreciation

911.9

Assets under management, end of period

$   23,615.7



(1) Includes dividend distributions, impact on assets from use of leverage


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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. Its affiliated managers include [ Duff & Phelps Investment Management Co. ], [ Euclid Advisors LLC ], [ Kayne Anderson Rudnick Investment Management, LLC ], [ Newfleet Asset Management, LLC ], [ Newfound Investments, LLC ], [ Rampart Investment Management Co., LLC ], and [ Zweig Advisers LLC ]. Additional information can be found at [ www.virtus.com ].

 

SOURCE Virtus Investment Partners, Inc.



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