HARTFORD, Conn., Oct. 12, 2016 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: 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 Funds(1) ($ millions) Quarter Ending 9/30/16(2) ---------- 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 Other(3) (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 (3)Includes dividend distributions, net of reinvestments, marketable securities investments/(withdrawals), and the impact on assets from the 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. 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.