Virtus Investment Partners reported a 12% increase in revenues to $222 million compared to the same quarter last year, driven by higher average assets under management. However, net income attributable to Virtus Investment Partners, Inc. decreased by 23% to $29.9 million, or $4.10 per diluted share. Adjusted earnings per share were $5.41, a decrease of 11% from the prior quarter. Total assets under management increased to $179.3 billion, reflecting market performance and positive net flows in retail separate accounts.