Virtus Investment Partners (VRTS) Tops Q2 EPS by 6c

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Virtus Investment Partners Announces Financial Results for the Second Quarter 2015

July 31, 2015 7:31 AM EDT

HARTFORD, Conn., July 31, 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 June 30, 2015.

Management Commentary

"The second quarter results reflect net outflows in the former AlphaSector funds, which were significantly lower than the first quarter. These outflows overshadowed strength and positive flows in our other mutual funds and all additional product categories... More