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Rating:Virtus Reports Q2 AUM Perkiness  Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, July 10, 2013

Virtus Reports Q2 AUM Perkiness

Reported by Nicole Spector

So far, 2013 is bringing glad tidings to Virtus Investment Partners [profile].

The Hartford, Connecticut-based multi-manager asset management firm shared its preliminary flows and assets under management for its long-term, open-end mutual funds for the second quarter of 2013, and the flows were largely inbound.

The firm brought added nearly two-billion to its AUM during the second quarter, springing from roughly $30.6 billion to about $32.4 billion.

Net flows for the quarter represent an annualized organic growth rate of 34 percent.

See the full press release—which includes charts and graphs—here

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