Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A $42B-AUM Sibling Trio Combines Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, July 07, 2022

A $42B-AUM Sibling Trio Combines

by: Neil Anderson, Managing Editor

A publicly traded, multi-boutique mutual fund firm is bringing three fixed income shops together to create a $42-billion-AUM boutique.

George Robert Aylward
Virtus Investment Partners, Inc.
President, CEO
Virtus Investment Partners, Inc. [profile] has merged Newfleet Asset Management, LLC, SEIX Investment Advisors LLC, and Stone Harbor Investment Partners, LLC, rebranding the combined entity as "Virtus Fixed Income Advisers, LLC (VFIA). Filings confirm that the three-way combination took effect last Friday, July 1.

All three boutiques were already Virtus subsidiaries. And according to the filings, each of the boutiques will continue to operate independently, as separate divisions of the new VFIA. And VFIA is taking over the three boutiques' various subadvisory agreements.

Hartford, Connecticut-based Virtus bought New York City-based Stone Harbor six months ago. What is now Stone Harbor began in the late 80s as part of Salomon Brothers and stayed on after the Citigroup merger. Stone Harbor officially launched in 2006 when spinning out of Citi. The firm had $14.978 billion in AUM, according to its April 22, 2022 form ADV.

Park Ridge, New Jersey-based SEIX joined Virtus in 2017 as part of the multi-boutique's purchase of RidgeWorth. Founded in 1992, SEIX had grown to $16.9 billion in AUM as of March 31, 2022.

Hartford-based Newfleet was founded in 1999. According to its March 31, 2022 form ADV, it had $10.141 billion in AUM. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2023: Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MFDF webinar - The SEC's Swing Pricing and Liquidity Proposal: What You Should Know, February 1
  2. Exchange: an ETF Experience, Feb 5-8
  3. WE US - Breakfast at Nobu Hotel, February 6
  4. MFDF Director Discussion Series - Open Forum (Stuart, FL), February 7
  5. 8th Annual Expect Miracles in Manhattan, February 16
  6. MMI Next Chapter: Rockin' Retirement, February 21
  7. Expect Miracles Boston YPEM Battle of the Bartenders, February 28
  8. MFDF webinar - Fund Industry Claims Trends: An Insurer's Perspective, March 1
  9. Nicsa Strategic Leadership Forum 2023, Mar 1-3
  10. IMEA Data Council Summit, Mar 7-8
  11. MFDF 2023 Fund Governance & Regulatory Insights Conference, Mar 9-10
  12. Irish Funds Boston Breakfast Seminar, March 15
  13. Irish Funds New York Seminar, March 16
  14. 2023 ICI Investment Management Conference, Mar 19-22
  15. FRA's Mastering Client Services and RFPs for Institutional Investors, Mar 20-21
  16. Crane Data's Bond Fund Symposium, Mar 23-24
  17. 2023 MMI Summit, Mar 29-30
  18. MFDF Director Discussion Series - Open Forum via Zoom, March 29
  19. 34th Sub-Advised Funds Forum, Apr 3-4
  20. MFDF webinar - Impact of Market Performance on 2022 Annual Investment Firm Profitability and Economies of Scale, April 5
  21. MFDF Regulatory Impacts on Fund Boards, April 20
  22. Morningstar Investment Conference 2023, Apr 25-27
  23. MFDF In Focus: Board Oversight Lessons from Former Fund Directors, May 9
  24. 2023 MMI Emerging Asset Managers Forum, May 11-12
  25. WE US - breakfast at InsideETFs, May 22
  26. MFDF Director Discussion Series - Open Forum (Columbus, OH), June 1




©All rights reserved to InvestmentWires, Inc. 1997-2023
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use