Virtus Investment reports September-end AUM $162.5B vs. $169.4B last month

Virtus Investment “reported preliminary assets under management of $162.5 billion as of September 30, 2023. The decrease from June 30, 2023 primarily reflects market depreciation and net outflows in open-end funds and institutional accounts, partially offset by net inflows in retail separate accounts. In addition, the company provided services to $2.5 billion of other fee-earning assets, which are not included in assets under management.”