Victory Capital Reports September 2022 Assets Under Management and Positive Year-to-Date Long-term Net Flows
October 11 2022 - 4:30PM
Business Wire
Schedules Third-Quarter Financial Results
Conference Call for November 4
Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital”
or the “Company”) today reported assets under management (AUM) of
$147.3 billion as of September 30, 2022, and average assets under
management for the third quarter period of $158.9 billion. The
Company also reported long-term net flows in the third quarter
improved to -$553 million, resulting in positive year-to-date
long-term net flows of $1.860 billion.
Victory Capital Holdings,
Inc.
Assets Under
Management1
(unaudited; in
millions)
As of:
By Asset Class
Sep. 30, 2022
Aug. 31, 2022
Solutions
$
48,551
$
52,710
Fixed Income
27,198
28,625
U.S. Mid Cap Equity
25,754
27,643
U.S. Small Cap Equity
14,109
15,551
U.S. Large Cap Equity
10,762
11,925
Global / Non-U.S. Equity
12,293
13,758
Alternative Investments
5,334
5,648
Total Long-Term Assets
$
144,001
$
155,861
Money Market / Short Term Assets
3,256
3,217
Total Assets Under Management
$
147,257
$
159,078
By Vehicle
Mutual Funds2
$
96,591
$
104,652
Separate Accounts and Other Pooled
Vehicles3
45,557
48,924
ETFs4
5,110
5,503
Total Assets Under Management
$
147,257
$
159,078
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.
Third-Quarter Conference Call and Webcast Details
Victory Capital will report third-quarter 2022 financial results
after the market closes on Thursday, November 3, 2022. The Company
will host a conference call the following morning, November 4, 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.
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.
About Victory Capital
Victory Capital is a diversified global asset management firm
with $147.3 billion in assets under management as of September 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/20221011005956/en/
Investors: Matthew Dennis, CFA Chief of Staff Director,
Investor Relations 216-898-2412 mdennis@vcm.com
Media: Jessica Davila Director, Global Communications
210-694-9693 jessica_davila@vcm.com
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