Victory Capital Reports March 2023 Assets Under Management
April 12 2023 - 4:30PM
Business Wire
Schedules First-Quarter Financial Results
Conference Call for May 5
Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital”
or the “Company”) today reported assets under management (AUM) of
$158.6 billion as of March 31, 2023, and average assets under
management for the first quarter of $157.8 billion. The Company
also reported long-term net flows in the first quarter of -$1.2
billion.
Victory Capital Holdings,
Inc.
Assets Under
Management1
(unaudited; in
millions)
As of:
By Asset Class
Mar. 31, 2023
Feb. 28, 2023
Solutions
$
54,416
$
52,835
Fixed Income
26,535
26,356
U.S. Mid Cap Equity
29,035
29,506
U.S. Small Cap Equity
15,648
16,319
U.S. Large Cap Equity
11,425
11,191
Global / Non-U.S. Equity
14,868
14,668
Alternative Investments
3,317
3,423
Total Long-Term Assets
$
155,244
$
154,298
Money Market / Short Term Assets
3,377
3,392
Total Assets Under Management
$
158,621
$
157,691
By Vehicle
Mutual Funds2
$
103,246
$
102,788
Separate Accounts and Other Pooled
Vehicles3
49,819
49,214
ETFs4
5,555
5,689
Total Assets Under Management
$
158,621
$
157,691
1Total AUM includes both
discretionary and non-discretionary client assets. Due to rounding,
numbers presented in these tables may not add up precisely to the
totals provided.
2Includes institutional and
retail share classes, money market and VIP funds.
3Includes wrap program accounts,
CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled
vehicles.
4Represents only ETF assets held
by third parties. Excludes ETF assets held by other Victory Capital
products.
First-Quarter Conference Call and Webcast Details
Victory Capital will report first-quarter 2023 financial results
after the market closes on Thursday, May 4, 2023. The Company will
host a conference call the following morning, May 5, at 8:00 a.m.
ET to discuss the results. Victory Capital’s earnings release and
supplemental materials will be available on the investor relations
section of the Company’s website at https://ir.vcm.com before the
conference call begins.
To participate in the conference call, please call
1-888-330-3571 (domestic) or 1-646-960-0657 (international),
shortly before 8:00 a.m. ET and reference the Victory Capital
Conference Call. A live, listen-only webcast will also be available
via the investor relations section of the Company’s website at
https://ir.vcm.com. For anyone who is unable to join the live
event, an archive of the webcast will be available for replay, at
the same location, shortly after the call concludes.
About Victory Capital
Victory Capital is a diversified global asset management firm
with $158.6 billion in assets under management as of March 31,
2023. It was ranked No. 55 on the Fortune 100 Fastest-Growing
Companies list for 2022 and is one of only 24 companies to make the
list for the second consecutive year. The Company operates a
next-generation business model combining boutique investment
qualities with the benefits of a fully integrated, centralized
operating and distribution platform.
Victory Capital provides specialized investment strategies to
institutions, intermediaries, retirement platforms and individual
investors. With 12 autonomous Investment Franchises and a Solutions
Platform, Victory Capital offers a wide array of investment
products, including mutual funds, ETFs, separately managed
accounts, alternative investments, third-party ETF model
strategies, collective investment trusts, private funds, and a 529
Education Savings Plan.
For more information, please visit vcm.com or follow us: Twitter
and LinkedIn
From Fortune. © 2022 Fortune Media IP Limited All rights
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Limited and is used under license. Fortune and Fortune Media IP
Limited are not affiliated with, and do not endorse products or
services of, Victory Capital Holdings, Inc.
The Fortune annual list ranks the top performing, publicly
traded companies in revenues, profits and stock returns over the
three-year period ended April 30, 2022.
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version on businesswire.com: https://www.businesswire.com/news/home/20230412005570/en/
Investors: Matthew Dennis, CFA Chief of Staff Director,
Investor Relations 216-898-2412 mdennis@vcm.com Media:
Jessica Davila Director of Global Communications 210-694-9693
Jessica_davila@vcm.com
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