08:00 AM EDT, 04/10/2025 (MT Newswires) -- Virtus Investment Partners ( VRTS ) reported Thursday preliminary assets under management of $167.46 billion as of March 31, down from $174.53 billion a month earlier.

Preliminary average assets under management for the quarter were $173.6 billion.

Virtus said the decrease of AUM from the Dec. 31 value of $175 billion was primarily attributable to market performance and net outflows in US retail mutual funds, institutional accounts and retail separate accounts, partially offset by positive net flows in exchange-traded funds.