Virtus Investment (VRTS) reported preliminary assets under management, or AUM, of $186.8B and other fee earning assets of $2.4B for total client assets of $189.1B as of November 30. The increase in AUM from October 31 primarily reflects market performance and positive net flows in retail separate accounts, partially offset by net outflows in open-end funds and institutional accounts. Preliminary average AUM for the month was $182.9B.
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Read More on VRTS:
- Virtus Investment price target raised to $239 from $212 at Barclays
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- Virtus Investment Partners reports preliminary AUM of $179.4B
- Virtus Investment price target raised to $233 from $226 at TD Cowen
- Virtus Investment price target raised to $212 from $207 at Barclays
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