Multi-manager fund firm Virtus Investment Partners yesterday reported that it had positive net flows for the 13th consecutive quarter, and increased sales in long-term open-end mutual funds year over year.

The firm had long-term open-end mutual fund sales of $2.8 billion in the second quarter, an increase of 13% from $2.4 billion in the second quarter of 2011. Sales continue to be balanced among investment strategies, with 31% of fund sales in domestic equity strategies, 38% in international equity strategies, and 31% in taxable fixed income strategies. The firm’s assets under management were $38.8 billion at June 30, an increase of 17% from June 30, 2011 and 2% from March 31.

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