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Virtus Investment Partners Announces First Quarter Long-Term, Open-End Mutual Fund Flows and Assets
HARTFORD, Conn., April 11, 2012 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, today reported flows and assets under management for its long-term, open-end mutual funds for the first quarter of 2012:
|
($ millions) |
Quarter Ending |
|
3/31/12 | |
|
Assets under management, beginning of period |
$ 16,896.6 |
|
Inflows |
2,888.7 |
|
Outflows |
(1,203.0) |
|
Net Flows |
1,685.7 |
|
Other (1) |
(35.5) |
|
Market Appreciation |
1,408.3 |
|
Assets under management, end of period |
$ 19,955.1 |
|
(1) Mutual fund dividends distributed | |
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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. Additional information can be found at www.virtus.com.
SOURCE Virtus Investment Partners, Inc.
