Virtus Investment Partners Reports Preliminary April 30, 2021 Assets Under Management
News provided by
Share this article
Share this article
HARTFORD, Conn., May 11, 2021 /PRNewswire/ Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported total assets under management (AUM) as of April 30, 2021 of $176.2 billion. In addition, the company provided services to $3.8 billion of other fee-earning assets that are not included in assets under management.
Assets Under Management (unaudited)
About Virtus Investment Partners, Inc.
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 v
May 20, 2021
Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the Fund s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund s assets and will constitute a return of the shareholder s capital. You should not draw any conclusions about the Fund s investment performance from the amount of this distribution or from the terms of the Fund s Managed Distribution Plan.
May 20, 2021
Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the Fund s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund s assets and will constitute a return of the shareholder s capital. You should not draw any conclusions about the Fund s investment performance from the amount of this distribution or from the terms of the Fund s Managed Distribution Plan.
Sponsored
Russell Investments, owned by private equity firms TA Associates and Reverence Capital Partners, has hired a new global chief investment officer as well as president, marking the second time in three years that the firm has shuffled its senior leadership team.
The investment services and outsourced CIO firm has tapped Goldman Sachs s Kate El-Hillow as global CIO and J.P. Morgan mutual fund trustee Kevin Klingert as president.
Pete Gunning, who stepped in as Russell’s CIO in October 2018 after Jeff Hussey left the firm, will stay on in a newly created role as vice chairman and strategic relationships officer. Gunning had been CIO before Hussey s five-year tenure in the post.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Virtus Investment Partners Announces Rick Smirl Has Joined As Executive Vice President, Chief Operating Officer
May 3, 2021 GMT
Virtus Investment Partners, Inc. (PRNewsFoto/Virtus Investment Partners, Inc.) (PRNewsfoto/Virtus Investment Partners, Inc.)
HARTFORD, Conn., May 3, 2021 /PRNewswire/ Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced that Rick Smirl has joined the company as executive vice president, chief operating officer, and member of the senior leadership team.
Smirl, who has more than 20 years of experience in the asset management industry, will lead the company’s product management, oversight, and development activities and have responsibility for the investment operations and information technology functions. He will also work with affiliated managers and subadvisers as the company focuses on co