Virtus Investment Partners (VRTS) said Wednesday that its preliminary assets under management rose to $186.8 billion as of Nov. 30 from $179.4 billion as of Oct. 31.
The asset management company attributed the increase in AUM mainly to market performance and positive net flows in retail separate accounts, partially countered by net outflows in institutional accounts and open-end funds.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments