08:15 AM EDT, 10/10/2024 (MT Newswires) -- Virtus Investment Partners ( VRTS ) reported Thursday that preliminary assets under management rose to $183.74 billion at the end of September from $180.48 billion the previous month.

The company said the increase in assets under management was due to market performance and positive net flows in retail separate accounts, partially countered by net outflows in institutional accounts and open-end funds.

Preliminary average AUM was $176 billion for the quarter, Virtus said.