Virtus Investment Partners (VRTS) Q2 FY26 earnings call

Virtus Investment Partners reported improved Q2 FY26 results, driven by strong institutional sales and positive net flows across fixed income, alternatives, and multi-asset strategies, despite continued headwinds from quality-oriented equities. The company expanded its ETF platform and continued its capital return program through share repurchases and debt reduction, maintaining financial flexibility. Management noted early signs of outperformance in quality equity strategies since late June, suggesting potential for a market cycle shift.