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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.
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SOURCE Virtus Investment Partners, Inc.
