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Victory Capital reports $166.6 billion AUM for Q4

EditorRachael Rajan
Published 10/01/2024, 21:42
© Reuters.
VCTR
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SAN ANTONIO, Texas - Victory Capital Holdings, Inc. (NASDAQ: NASDAQ:VCTR), a diversified global asset management firm, has announced its assets under management (AUM) totaled $166.6 billion as of December 31, 2023. This figure reflects an increase from the $159.6 billion reported on November 30, 2023. Despite this growth, the company experienced long-term net outflows of $1.1 billion during the fourth quarter.

The breakdown of AUM by asset class as of the year-end shows Solutions with $59.6 billion, Fixed Income at $24.4 billion, and U.S. Mid Cap Equity at $30.6 billion. U.S. Small Cap Equity, U.S. Large Cap Equity, Global/Non-U.S. Equity, and Alternative Investments reported AUM of $15.9 billion, $12.6 billion, $16.8 billion, and $3.4 billion, respectively. By vehicle, Mutual Funds constituted the largest share with $108.8 billion, followed by Separate Accounts and Other Pooled Vehicles at $52.8 billion, and ETFs at $5 billion.

Victory Capital's average AUM for December stood at $163.5 billion. The company's financial results for the fourth quarter of 2023 will be released after market close on Thursday, February 8, 2024.

This report is based on a press release statement from Victory Capital Holdings, Inc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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