Virtus Investment Partners rises on higher Q1 profit, total AUM

Virtus Investment Partners

28/04/2023 20:28

** Shares of asset manager Virtus Investment Partners Inc
 VRTS.O  up 1.9% at $181.57
    ** Co reports Q1 net income of $5.21 per share, up from
$4.22 per share in Q1 2022
    ** Total assets under management (AUM) of $154.8 bln at
March 31 increased from $149.4 bln at Dec. 31 
    ** Q1 total sales decreased to $6.2 bln from $7.3 bln in Q4
2022 
    ** Shares down ~5% YTD

 (Reporting by Yamini Kalia in Bengaluru)
 ((Yamini.Kalia@thomsonreuters.com))