Victory Capital Reports June 2022 Assets Under Management and Positive Long-term Net Flows for First Half of 2022
July 13 2022 - 4:20PM
Business Wire
Schedules Second-Quarter Financial Results
Conference Call for August 5
Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital”
or the “Company”) today reported assets under management (AUM) of
$154.9 billion as of June 30, 2022, and average assets under
management for the second quarter period of $165.7 billion. The
Company also reported long-term net flows in the second quarter
were -$0.6 billion, resulting in positive year-to-date long-term
net flows of $2.4 billion.
Victory Capital Holdings, Inc.
and Subsidiaries
Assets Under
Management1
(unaudited; in
millions)
As of:
By Asset Class
June 30, 2022
May 31, 2022
Solutions
$
50,485
$
54,658
Fixed Income
29,398
30,599
U.S. Mid Cap Equity
26,356
29,221
U.S. Small Cap Equity
14,837
16,236
U.S. Large Cap Equity
11,857
12,958
Global / Non-U.S. Equity
13,257
14,704
Alternative Investments
5,617
5,350
Total Long-Term Assets
$
151,807
$
163,725
Money Market / Short Term Assets
3,140
3,127
Total Assets Under Management
$
154,947
$
166,852
By Vehicle
Mutual Funds2
$
102,297
$
109,788
Separate Accounts and Other Pooled
Vehicles3
47,494
51,673
ETFs4
5,155
5,392
Total Assets Under Management
$
154,947
$
166,852
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.
Second-Quarter Conference Call and Webcast Details
Victory Capital will report second-quarter 2022 financial
results after the market closes on Thursday, August 4, 2022. The
Company’s management team will host a conference call the following
morning, August 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 $154.9 billion in assets under management as of June 30, 2022.
It was ranked ninth on Fortune’s list of the 100 Fastest Growing
Companies for 2021. 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 www.vcm.com or follow us:
Twitter and LinkedIn
©2021 Fortune Media IP Limited All rights reserved. Fortune is a
registered trademark of Fortune Media IP 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
Management, Inc.
Fortune’s annual list ranks the top performing, publicly traded
companies in revenues, profits and stock returns over the
three-year period ended April 30, 2021.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220713005719/en/
Investors: Matthew Dennis, CFA Chief of Staff Director,
Investor Relations 216-898-2412 mdennis@vcm.com
Media: Jessica Davila Director, Global Communications
361-290-3257 jessica_davila@vcm.com
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