Virtus Investment Partners Reports Preliminary March 31, 2021 Assets Under Management
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HARTFORD, Conn., April 12, 2021 /PRNewswire/ Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported total assets under management (AUM) as of March 31, 2021 of $168.9 billion. The increase in AUM from December 31, 2020 reflected the addition of $29.5 billion of assets from the strategic partnership with Allianz Global Investors, market appreciation, and positive net flows in retail separate accounts, open-end funds, exchange traded funds, and institutional. In addition, the company provided services to $3.4 billion of other fee-earning assets that are not included in assets under management.
Assets Under Management (unaudited)
BMO refocuses Wealth Management business for North American growth, announces sale of EMEA Asset Management business
PR Newswire
Ameriprise Financial to purchase BMO s EMEA asset management business
Transaction supports BMO s goals to optimize efficiency and to focus capital and investment in areas where it has an advantaged market position, including its North American Wealth Management business
BMO Wealth Management to enter into strategic relationship with Columbia Threadneedle Investments, the global asset management business of Ameriprise, giving its North American Wealth clients opportunities to access a wide range of Columbia Threadneedle s leading investment management solutions
BMO Capital Markets maintains active international presence
April 12, 2021
A strong jobs report brought unemployment back to 6%, PMI surveys show optimism at a 37-year high, and every sector was positive on the month and quarter. These and other economic topics are examined in March’s edition of Julex’s Monthly Macro Chartbook.
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April 12, 2021
Precious metals, particularly silver futures and ETFs, are falling Monday, as the futures traders may be reigniting the downtrend to begin the trading week, amid a dearth of headline news to help move markets.
June gold futures dropped $16.50 to trade at $1,728.30 an ounce, while May Comex silver futures declined $0.570 to $24.75 an ounce. The moves have been tougher on silver which is down 2.25% as of almost 3 PM EST.
Technical analysts are suggesting that silver remains in its nearly 3-month downtrend, which could be reasserting itself based on the action from last Friday and today, where prices broke below recent highs near $25.67 an ounce.