Virtus Investment Partners (VRTS) Misses Q1 EPS by 18c

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Virtus Investment Partners Announces Financial Results for the First Quarter 2015

May 11, 2015 8:00 AM EDT

HARTFORD, Conn., May 11, 2015 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, today reported financial results for the three months ended March 31, 2015.

Management Commentary

"Our first quarter results reflect continued net outflows in the AlphaSector funds which detracted from areas of strength and growth of the business, including international equity mutual funds, institutional and high net worth categories," said George... More

Virtus to Use Dorsey Wright's Relative Strength Capabilities for the Former AlphaSector Funds

May 11, 2015 7:45 AM EDT

HARTFORD, Conn., May 11, 2015 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, today announced that it will employ the Relative Strength price momentum technical analysis of Dorsey, Wright & Associates, a leading provider of research to the investment management industry, in the management of five Virtus open-end mutual funds formerly known as the AlphaSector® funds.

The funds, which have been... More