BEN - Victory Capital assets under management dips over 7% in June
- Victory Capital ( NASDAQ: VCTR ) said Wednesday that its assets under management for June was $154.9B, down from $166.8B in May.
- Similarly, long-term assets totaled $151.8B as of June 30 compared with $163.7B as of May 31.
- Looking at the individual investment vehicles, mutual funds AUM, which includes institutional and retail share classes, money market and VIP funds, dipped to $102.3B in June vs. $109.8B in the prior month.
- AUM in separate accounts and other pooled vehicles came in at $47.5B in June compared with $51.7B in May.
- And AUM in exchange-traded funds were $5.2B in June vs. $5.4B in May.
- Victor Capital ( VCTR ) is joining a growing list of asset managers whose AUM are decreasing in the wake of market depreciation and price volatility, including Franklin Resources ( BEN ), T. Rowe Price ( TROW ) and AllianceBernstein ( AB ).
- Previously, (June 10) Victory Capital AUM ticked up to $166.9B in May .
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Victory Capital assets under management dips over 7% in June