HARTFORD, Conn. and NEW YORK, Dec. 5, 2012 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, has added an international equity capability at its Euclid Advisors affiliate through a new team led by two industry veterans. (Logo: http://photos.prnewswire.com/prnh/20121031/NE03346LOGO ) The new international equity strategy from Euclid is a high conviction, core portfolio benchmarked to the MSCI-EAFE index. The strategy, which has a six-year track record, has a bias towards value and quality, but is flexible in responding to market conditions based on its top-down, bottom-up approach. It is currently being marketed within the separately managed account (SMA) and institutional channels, and Virtus expects to offer the strategy in other product structures. Leading the team are Frederick A. Brimberg, senior managing director and senior international portfolio manager, who launched the strategy in 2006 while at another firm, and John L. Creswell, senior managing director, who has extensive experience managing investment boutiques. Both joined Euclid earlier this year. "The addition of the team at Euclid gives us an opportunity to offer another distinctive investment option from an experienced manager with a proven track record," said Frank Waltman, executive vice president, product management, at Virtus. He said that Euclid's approach complements the other international equity and fixed income capabilities that are available in Virtus' mutual funds and SMAs. "The Euclid strategy selectively chooses among international value and growth stocks while considering macro conditions to create a high-conviction core portfolio where our best ideas are not diluted," said Creswell. "There has been a lot of turnover among international equity managers over the past few years, so our approach and track record can be an attractive alternative for individual and institutional investors who are looking for exposure to a high-quality, international equity portfolio."