Virtus Investment reports preliminary AUM of $168.3B as of June 30

Virtus Investment Partners, Inc. reported preliminary assets under management of $168.3B as of June 30, 2023. The increase from March 31, 2023 primarily reflected the addition of $7.8B of assets from the acquisition of AlphaSimplex Group, LLC, market appreciation, and institutional net inflows, partially offset by net outflows in open-end funds. In addition, the company provided services to $2.6B of other fee-earning assets, which are not included in assets under management.