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Rating:Virtus Nets Record Inflows Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, November 02, 2010

Virtus Nets Record Inflows

Reported by Neil Anderson, Managing Editor

Virtus Investment Partners [see profile] brought in record net flows last quarter. Yesterday the Hartford, Connecticut-based mutual fund firm reported that it brought in $455.2 million in net flows in the quarter ended September 30, compared with $168.1 million in Q2 2010 and $282.3 million in Q3 2009. The firm boasted $27.1 billion on September 30, 2010.

Virtus' net income rose $100,000 in Q3 2009 and $400,000 in Q2 2010 to $3.7 million in Q3 2010. 

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