Virtus Investment Partners, Inc. (Virtus), incorporated on October 1, 2008, is a provider of investment management and related services to individuals and institutions. The Company provides investment management and related services to individuals and institutions throughout the United States. The Company provides its products in various forms and through multiple distribution channels. Its retail products include open-end mutual funds, closed-end funds, exchange traded funds, variable insurance funds, undertakings for collective investments in transferable securities (UCITS) and separately managed accounts. Its open-end mutual funds are distributed through intermediaries. Its closed-end funds trade on the New York Stock Exchange. Its variable insurance funds are available as investment options in variable annuities and life insurance products distributed by life insurance companies. Separately managed accounts consists of intermediary programs, sponsored and distributed by unaffiliated brokerage firms, and private client accounts, which are offered to the high net-worth clients of its affiliated managers.
Open-End Mutual Funds
As of December 31, 2016, the Company managed 67 open-end funds, which consisted of the United States domiciled open-end mutual funds (open-end mutual funds) variable insurance funds and UCITS. Its open-end mutual funds are offered in a range of asset classes (equity, fixed income and alternative investments), in all market capitalizations (large, mid and small), in different styles (growth, blend and value) and with various investment approaches (fundamental, quantitative and thematic). Its variable insurance funds are available as investment options in variable annuities and life insurance products distributed by life insurance companies. The Company's Ireland domiciled UCITS, which it refers to as the Global Funds, are offered in select investment strategies to non-United States investors.
Closed-End Funds
The Company managed nine closed-end funds as of December 31, 2016, each of which is traded on the New York Stock Exchange. The closed-end funds do not continually offer to sell and redeem their shares; rather, daily liquidity is provided by the ability to trade the shares of these funds at prices that may be above or below the shares' net asset value.
Exchange Traded Funds
The Company made investment in Virtus ETF Solutions (VES), which operates a platform for listing, operating and distributing exchange traded funds. It offered nine United States-domiciled exchange traded funds with total assets under management of $0.6 billion, as of December 31, 2016.
Separately Managed Accounts
The Company's separately managed accounts are individually owned portfolios that include intermediary sponsored programs, whereby an intermediary assists individuals in hiring investment managers that have been approved by the broker-dealer to fulfill those objectives and private client accounts that are accounts of high net-worth individuals directing clients of an affiliated manager. Its separately managed accounts are distributed through financial intermediaries and directly by teams at its affiliated managers.
Variable Insurance Funds
The Company's variable insurance funds are available as investment options in variable annuities and life insurance products. These life insurance products are distributed by life insurance companies.
Institutional Accounts
The Company offers a range of equity and fixed income strategies. These strategies are offered to institutional clients, including corporations, multi-employer retirement funds, public employee retirement systems, foundations, endowments and as a sub-advisor to unaffiliated mutual funds.
100 Pearl St Fl 9
The company trades on NASDAQ exchange. The company headquarter is located in Connecticut, CT. The company was established in the 1988.| Ticker | VRTS |
| Long Name | Virtus Investment Partners, Inc. |
| Short Name | Virtus Investment Partners |