FX.co ★ Virtus Investment Preliminary AUM Improves In September

On Thursday, Virtus Investment Partners, Inc. (VRTS) announced preliminary assets under management (AUM) of $183.7 billion as of September 30. This represents an increase from $173.585 billion recorded on June 30. The rise in AUM is mainly attributed to strong market performance and positive net inflows in retail separate accounts, although it was somewhat offset by net outflows in institutional accounts and open-end funds.