• Virtus Investment Partners discussed first-quarter 2026 results on its earnings call attended by President, CEO and Director George Robert Aylward, Executive Vice President and CFO Michael A. Angerthal, Vice President of Investor Relations Sean P. Rourke, Piper Sandler analyst Crispin Love.
• AUM fell to $149 billion at March 31 from $159 billion, with total net outflows of $8.4 billion concentrated in quality-oriented equity strategies; management cited a meaningful institutional global equity redemption and a $1.4 billion redemption tied to a lower-fee model-only retail separate account rebalanced to passive.
• Total sales rose 8% to $5.8 billion, including a 26% increase in equity sales driven by style-agnostic and growth strategies, expanded access on intermediary-sponsored retail separate account platforms, and newer ETF wrappers outside quality-oriented offerings.
• Virtus closed a 56% investment in Keystone National Group for $200 million to add private credit capability, with up to $170 million of additional consideration over two years tied in part to revenue targets; CFO guided to average fee rate of 43-45 bps in second quarter on a full quarter of Keystone.
• Management flagged improving flow trends late in quarter, with April similar to March; adjusted operating margin was 24% due to seasonal employment expenses, with margin 30.3% excluding those items.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Virtus Investment Partners Inc. published the original content used to generate this news brief on May 12, 2026, and is solely responsible for the information contained therein.