Victory Capital Reports December 2022 Assets Under Management
January 11 2023 - 4:30PM
Business Wire
Schedules Fourth-Quarter Financial Results
Conference Call for February 10
Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital”
or the “Company”) today reported assets under management (AUM) of
$153.0 billion as of December 31, 2022, and average assets under
management for the fourth quarter period of $154.6 billion. The
Company also reported long-term net flows in the fourth quarter
were -$4.4 billion, resulting in year-to-date long-term net flows
of -$2.5 billion.
Victory Capital Holdings,
Inc.
Assets Under
Management1
(unaudited; in
millions)
As of:
By Asset Class
Dec. 31, 2022
Nov. 30, 2022
Solutions
$
51,507
$
54,329
Fixed Income
26,353
26,957
U.S. Mid Cap Equity
27,892
29,962
U.S. Small Cap Equity
15,103
16,114
U.S. Large Cap Equity
10,973
11,795
Global / Non-U.S. Equity
14,160
14,644
Alternative Investments
3,663
4,366
Total Long-Term Assets
$
149,649
$
158,166
Money Market / Short Term Assets
3,302
3,284
Total Assets Under Management
$
152,952
$
161,450
By Vehicle
Mutual Funds2
$
99,447
$
104,606
Separate Accounts and Other Pooled
Vehicles3
47,877
51,034
ETFs4
5,627
5,810
Total Assets Under Management
$
152,952
$
161,450
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.
Fourth-Quarter Conference Call and Webcast Details
Victory Capital will report fourth-quarter 2022 financial
results after the market closes on Thursday, February 9, 2023. The
Company will host a conference call the following morning, February
10, 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 $153.0 billion in assets under management as of December 31,
2022. 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
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 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230111005752/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
Victory Capital (NASDAQ:VCTR)
Historical Stock Chart
From Aug 2024 to Sep 2024
Victory Capital (NASDAQ:VCTR)
Historical Stock Chart
From Sep 2023 to Sep 2024