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Virtus Investment Partners, formerly known as Phoenix Investment Partners, Ltd., was formed on November 1, 1995, through a reverse merger with Duff & Phelps Investment Management Co., at the time the investment management affiliate of Duff & Phelps Corporation. [citation needed]
In 2008, Phoenix spun off its asset management subsidiary to shareholders as an independent publicly traded company renamed Virtus Investment Partners. In 2011, Phoenix sold its Goodwin Capital Advisers subsidiary to Conning & Company. [5] In September 2015, Phoenix announced it was being acquired by Nassau Reinsurance Group, a privately held ...
AlphaSimplex Group (AlphaSimplex) is an American investment management firm based in Boston. The firm relies on quantitative analysis for its approach to investing. [2] [3] [4] On October 20, 2022, it was announced that Natixis Investment Managers would sell AlphaSimplex to Virtus Investment Partners. [5] [6] The acquisition completed in April ...
Backed by solid earnings performance and decent revenue growth, Virtus Investment (VRTS) looks like an attractive pick at the moment.
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