Virtus Investment Partners Reports Q3 Results Amidst Equity Strategy Outflows
Virtus Investment Partners (VRTS) reported third-quarter results characterized by significant net outflows, primarily driven by challenges within its quality-oriented equity strategies. CEO George Aylward noted that these specific strategy struggles accounted for the vast majority of the firm's recent capital departures. Despite the outflow pressure, management highlighted an improvement in the performance of their quality equity products. Looking ahead to the fourth quarter, the company has outlined a projected employment expense ratio in the range of 54% to 56%.
Tickers: $VRTS
Topics: earnings results equity strategies net outflows
Read the full article at Seeking Alpha
Part of the story Virtus Investment Partners Reports Q3 2026 Earnings with Declining AUM Amid Large Equity Mandate Redemption (2 articles)