Virtus Investment Partners

Virtus Investment Partners, Inc. is an asset management company, which engages in the provision of investment management and related services to individuals and institutions. It offers financial solutions and products such as mutual funds, managed accounts, institutional, closed-end funds, Virtus variable insurance trust funds, and other portfolio. The company was founded on November 1, 1995, and is headquartered in Hartford, CT.

Earnings data Q1 2021

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Virtus Investment Partners reports mixed Q4 performance, eyes global expansion

Virtus Investment Partners showed mixed performance with AUM growth despite net outflows and a decline in operating income.
Strong investment performance and capital management highlight key strengths, while challenges in profitability and operational efficiency persist.
Opportunities lie in strategic partnerships, growth strategies, and global expansion efforts for future success.

Virtus Investment Partners reports strong Q1 performance and growth opportunities

Virtus Investment Partners delivered a solid performance in Q1 2023 with improved fund flows, strong investment performance, and a well-positioned balance sheet.
While facing challenges such as net outflows and lower institutional sales, the company's strengths in diversified AUM and fee stability position it well for growth.
Opportunities lie in leveraging positive net flows, enhancing client retention strategies, and exploring revenue-generating avenues for sustained success.

Virtus Investment Partners reports robust Q2 earnings and growth strategies

Virtus Investment Partners delivered a strong performance in Q2 2023, marked by significant growth in assets under management, sales, and operating margin. The company's focus on capital management, growth initiatives, and shareholder value creation underscores its commitment to long-term success. While facing challenges in fee rates and market dynamics, Virtus is well-positioned to seize opportunities for expansion and innovation.

Virtus Investment Partners reports improved earnings, focuses on international expansion

Virtus Investment Partners delivered a solid performance in Q3 2023, with improved operating margin and earnings per share. While facing challenges in institutional fund outflows, the company is leveraging strengths in retail sales and strategic investments to drive growth. Opportunities lie in international expansion and the growth of the ETF platform.

Virtus Investment Partners reports stable Q4 performance amidst growth focus

Virtus Investment Partners showed resilience in managing assets and sales growth despite challenges in outflows and fee reduction.
Efficient cost control and debt management position the company well for future stability and growth opportunities.
Strategies to address institutional outflows and enhance fee generation can further strengthen financial performance.
Overall, Virtus remains focused on expanding its market presence and optimizing operational efficiency for sustained success.

Virtus Investment Partners excels in Q1 2024, eyes strategic growth

Virtus Investment Partners delivered a robust performance in Q1 2024, marked by significant growth in assets under management, sales, and earnings per share, supported by positive net flows and operational improvements.
The company's strong reputation, diversified product offerings, and strategic financial management underscore its resilience and potential for future growth, despite facing challenges related to outflows and strategic decision-making.
With a focus on enhancing shareholder value and exploring growth opportunities, Virtus is well-positioned to navigate challenges, capitalize on opportunities, and drive sustainable long-term success in the competitive asset management industry.

Virtus Investment Partners reports resilient Q2 performance amid market challenges

Virtus Investment Partners demonstrated resilience and growth in key segments despite challenges in net outflows and market performance.
Strategic actions to maintain capital flexibility and enhance shareholder value underscore the company's commitment to sustainable growth.
Addressing market dynamics, exploring M&A opportunities, and refining pricing strategies can position Virtus for future success and market leadership.

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HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS), which operates a multi-manager asset management business, today announced that it will release its financial results for the fourth quarter of 2023 before the market opens on Friday, February 2, 2024. George R. Aylward, president and chief executive officer, and Michael A. Angerthal, executive vice president and chief financial officer, will host a conference call and webcast with the investment community at 10:00.

Virtus Investment Partners to Announce Fourth Quarter 2023 Results on Friday, February 2

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $172.3 billion as of December 31, 2023. The increase from September 30, 2023 primarily reflects market performance and net inflows in retail separate accounts, partially offset by net outflows in open-end funds and institutional accounts. In addition, the company provided services to $2.6 billion of other fee-earning assets, which are not included in assets und.

Virtus Investment Partners Reports Preliminary December 31, 2023 Assets Under Management

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced that it is transferring the listing of its common stock to the New York Stock Exchange (NYSE) from the NASDAQ Global Select Market (NASDAQ). Virtus anticipates that its common stock, which will retain the ticker symbol “VRTS,” will begin trading on the NYSE at market open on Wednesday, January 17. The company's common stock will continue to trad.

Virtus Investment Partners to Transfer Listing of Common Stock to New York Stock Exchange

Virtus Investment's (VRTS) preliminary AUM balance for November 2023 rises 6.2% on the back of favorable market returns.

Virtus Investment's (VRTS) November AUM Up 6.2% Sequentially

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $165.5 billion as of November 30, 2023. In addition, the company provided services to $2.6 billion of other fee-earning assets, which are not included in assets under management. Assets Under Management (unaudited) ($ in millions)         By Product Type: November 30, 2023   October 31, 2023 Open-End Funds (1) $ 54,392   $ 51,800 Closed-End Funds   9,810     9,.

Virtus Investment Partners Reports Preliminary November 30, 2023 Assets Under Management

Virtus Newfleet Short Duration Core Plus Bond ETF

NEW YORK--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NASDAQ: VRTS) has expanded its exchange-traded funds offerings with the introduction of Virtus Newfleet Short Duration Core Plus Bond ETF (NYSE: SDCP), the fourth Virtus ETF Solutions strategy managed by Newfleet Asset Management. The Virtus Newfleet Short Duration Core Plus Bond ETF utilizes Newfleet's disciplined, time-tested investment process and rigorous risk management approach to invest in opportunities across undervalued areas.

Virtus Introduces the Virtus Newfleet Short Duration Core Plus Bond ETF

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced that Andra Purkalitis has joined the company as executive vice president, chief legal officer, general counsel, and corporate secretary. Purkalitis has more than 30 years of broad legal and regulatory experience in the asset management industry. As Virtus' chief legal officer, she will be responsible for developing and guiding the strategic dire.

Virtus Investment Partners Names Andra Purkalitis Executive Vice President and Chief Legal Officer

Virtus Investment's (VRTS) preliminary AUM balance for October 2023 declines 4.1% on the back of unfavorable market returns.

Virtus Investment's (VRTS) October AUM Dips 4.1% Sequentially

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $155.8 billion as of October 31, 2023. In addition, the company provided services to $2.4 billion of other fee-earning assets, which are not included in assets under management. Assets Under Management (unaudited) ($ in millions)         By Product Type: October 31, 2023   September 30, 2023 Open-End Funds (1) $ 51,800   $ 54,145 Closed-End Funds   9,267     9,.

Virtus Investment Partners Reports Preliminary October 31, 2023 Assets Under Management

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Virtus Investment Partners, Inc. (NASDAQ:VRTS ) Q3 2023 Results Conference Call October 27, 2023 10:00 AM ET Company Participants Sean Rourke - IR George Aylward - President and CEO Mike Angerthal - CFO Conference Call Participants Michael Cyprys - Morgan Stanley Operator Good morning. My name is Dede, and I will be your conference operator today.

Virtus Investment Partners, Inc. (VRTS) Q3 2023 Earnings Call Transcript

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported financial results for the three months ended September 30, 2023. Financial Highlights (Unaudited) (in millions, except per share data or as noted)   Three Months Ended       Three Months Ended       9/30/2023   9/30/2022   Change   6/30/2023   Change U.S. GAAP Financial Measures                   Revenues $ 219.3     $ 210.3     4 %   $ 213.5     3 % Operating expenses $ 174.4     $ 166.2     5 %  .

Virtus Investment Partners Announces Financial Results for Third Quarter 2023

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced that it will release its financial results for the third quarter of 2023 before the market opens on Friday, October 27, 2023. George R. Aylward, president and chief executive officer, and Michael A. Angerthal, executive vice president and chief financial officer, will host a conference call and webcast with the investment community at 10:0.

Virtus Investment Partners to Announce Third Quarter 2023 Results on Friday, October 27

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $162.5 billion as of September 30, 2023. The decrease from June 30, 2023 primarily reflects market depreciation and net outflows in open-end funds and institutional accounts, partially offset by net inflows in retail separate accounts. In addition, the company provided services to $2.5 billion of other fee-earning assets, which are not included in assets under.

Virtus Investment Partners Reports Preliminary September 30, 2023 Assets Under Management

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Virtus Investment (VRTS) reports a 1.5% decline in August AUM, majorly attributable to a fall in open-end & closed-end funds.

Virtus Investment (VRTS) August AUM Down on Unfavorable Markets

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $169.4 billion as of August 31, 2023. In addition, the company provided services to $2.6 billion of other fee-earning assets, which are not included in assets under management. Assets Under Management (unaudited) ($ in millions)         By Product Type: August 31, 2023   July 31, 2023 Open-End Funds (1) $ 56,559   $ 57,779 Closed-End Funds   9,945     10,326 Re.

Virtus Investment Partners Reports Preliminary August 31, 2023 Assets Under Management

Virtus Investment Partners, Inc.'s AUM has grown steadily to $168 billion, driven by solid market performance and the addition of AlphaSimplex. The company's current valuation offers a slight discount to the sector, making it an appealing investment opportunity for both growth and dividend income-oriented investors. VRTS has a strong company structure, with tailored portfolios and an ROE of over 16%, and is expected to continue growing as market conditions remain positive.

Virtus Investment Partners: AUM Growth And Dividends Characterize A Buy Here

Boosting shareholder wealth, Virtus Investment (VRTS) announces a 15.2% increase in its dividend. Its decent capital position is expected to support the latest hike.

Virtus Investment (VRTS) Cheers Investors With 15.2% Dividend Hike

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, today announced that its Board of Directors has approved a quarterly common stock cash dividend of $1.90 per share, representing a 15% increase from the previous quarterly dividend of $1.65 per share. "We are pleased to raise our dividend for the sixth consecutive year, reflecting the strong free cash flow generated by the business and the flexibility of o.

Virtus Investment Partners Increases Quarterly Common Stock Dividend 15% to $1.90 Per Share

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Virtus Investment (VRTS) records an AUM balance of $171.9 billion for the end of July 2023, up 2.1% from the end of the previous month.

Virtus Investment's (VRTS) July AUM Rises 2.1% Sequentially

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $171.9 billion as of July 31, 2023. In addition, the company provided services to $2.6 billion of other fee-earning assets, which are not included in assets under management. Assets Under Management (unaudited) ($ in millions)         By Product Type: July 31, 2023   June 30, 2023 Open-End Funds (1) $ 57,779   $ 56,828 Closed-End Funds   10,326     10,166 Retai.

Virtus Investment Partners Reports Preliminary July 31, 2023 Assets Under Management

Virtus Investment Partners, Inc. (VRTS) Q2 2023 Earnings Call Transcript

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported financial results for the three months ended June 30, 2023. Financial Highlights (Unaudited) (in millions, except per share data or as noted)   Three Months Ended       Three Months Ended       6/30/2023   6/30/2022   Change   3/31/2023   Change U.S. GAAP Financial Measures                   Revenues $ 213.5     $ 225.3     (5 %)   $ 197.9     8 % Operating expenses $ 174.5     $ 168.6     3 %   $ 1.

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