Virtus Investment Partners reported a 56% organic growth rate in net flows for long-term, open-end mutual funds in Q1 2013.

The firm saw inflows of $5.7 billion and outflows of $2.15 billion. Total assets under management at Virtus grew from $25.8 billion at the beginning of the quarter to $30.6 billion at the end of the quarter.

The multi-manager boutique includes affiliates such as Duff & Phelps Investment Management Co., Euclid Advisors, Kayne Anderson Rudnick Investment Management, Newfleet Asset Management, Newfound Investments, Rampart Investment Management Co., and Zweig Advisers.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.