Victory Capital Reports December 2020 Assets Under Management

Rhea-AI Summary

Victory Capital Holdings reported assets under management (AUM) of $147.2 billion as of December 31, 2020. This figure reflects a significant increase from $142.5 billion at the end of November 2020. The company's diverse asset management platform includes specialized investment strategies for various clients, including institutions and individual investors. A fourth-quarter financial results announcement is scheduled for February 10, 2021, followed by a conference call on February 11 to discuss these results.

Positive

• Assets under management increased from $142.5 billion to $147.2 billion within one month.
• Diverse investment strategies appeal to a wide range of clients, including institutions and individuals.

Negative

• None.

Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported assets under management (AUM) of $147.2 billion on December 31, 2020.

Victory Capital Holdings, Inc. and Subsidiaries
Assets Under Management1
(unaudited; in millions)
	As of:
By Asset Class	December 31, 2020			November 30, 2020
Fixed Income	$	36,599		$	36,324
Solutions		34,041			32,695
U.S. Mid Cap Equity		26,230			25,106
U.S. Small Cap Equity		18,368			17,341
U.S. Large Cap Equity		14,230			14,070
Global / Non-U.S. Equity		13,982			13,199
Other		257			240
Total Long-Term Assets	$	143,706		$	138,976
Money Market / Short Term Assets		3,534			3,571
Total Assets Under Management	$	147,241		$	142,548
By Vehicle
Mutual Funds2	$	112,998		$	109,545
Separate Accounts and Other Vehicles3		30,267			29,185
ETFs		3,976			3,818
Total Assets Under Management	$	147,241		$	142,548
1Due 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 collective trust funds, wrap program accounts and unified managed accounts.

Fourth-Quarter Conference Call and Webcast Details

The Company also announced that it will report fourth quarter 2020 financial results after the market closes on Wednesday, February 10, 2021. The Company’s management team will host a conference call the following morning, February 11, 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 (877) 823-8673 (domestic) or (647) 689-4067 (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 $147.2 billion in assets under management as of December 31, 2020. 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 nine autonomous Investment Franchises and a Solutions Platform, Victory Capital offers a wide array of investment styles and investment vehicles including, actively managed mutual funds, separately managed accounts, active ETFs, multi-asset class strategies, custom-designed solutions and a 529 College Savings Plan.

For more information, please visit www.vcm.com or follow us: Twitter and LinkedIn

View source version on businesswire.com: https://www.businesswire.com/news/home/20210113005814/en/

FAQ

What are the total assets under management for Victory Capital as of December 31, 2020?

Victory Capital reported total assets under management of $147.2 billion as of December 31, 2020.

When will Victory Capital announce its fourth-quarter financial results?

Victory Capital will announce its fourth-quarter financial results on February 10, 2021.

What will be discussed in Victory Capital's conference call on February 11, 2021?

The conference call on February 11, 2021, will discuss the fourth-quarter financial results.

How much did Victory Capital's assets under management increase from November to December 2020?

Victory Capital's assets under management increased by $4.7 billion from $142.5 billion in November to $147.2 billion in December 2020.