Group 1: Victory Capital Holdings, Inc. (VCTR) Performance - VCTR reported assets under management (AUM) of $175.5 billion for February 2025, reflecting a 0.6% decline from $176.5 billion as of January 31, 2024 [1] - U.S. mid cap equity AUM decreased 2.9% to $30.4 billion, while U.S. small cap equity AUM dipped 5.3% to $14.2 billion [1] - Global/non-U.S. equity AUM rose 5.8% to $20.6 billion, and U.S. large cap equity AUM decreased 3.7% to $13.9 billion [1] Group 2: Solutions and Alternative Investments - VCTR recorded $65.5 billion in Solutions, up 0.1% from January 2025 [2] - Alternative investments asset balance declined 2.6% to $2.9 billion, while fixed-income AUM was $24.4 billion, increasing marginally [2] - Money market/short-term assets rose 1.9% to $3.4 billion [2] Group 3: Market Positioning - VCTR's integrated multi-boutique business model and effective distribution platform are expected to enhance performance in the near term [3] Group 4: Performance of Other Asset Managers - Franklin Resources, Inc. (BEN) reported preliminary AUM of $1.58 trillion as of February 28, 2025, showing a marginal decrease [4] - BEN's decline in AUM was attributed to long-term net outflows of $10 billion, despite positive market impacts [4] - AllianceBernstein Holding L.P. (AB) announced preliminary AUM of $805 billion for February 2025, reflecting a marginal decrease [5] - AB's Equity AUM declined 2.6% to $333 billion, while Fixed-Income AUM increased 1.3% to $303 billion [5]

Core Insights - AllianceBernstein L.P. reported a decrease in preliminary assets under management (AUM) to $805 billion in February 2025, down from $809 billion at the end of January, marking a 0.5% decline driven entirely by market depreciation [1] - Firmwide net flows were flat in February, with net inflows into Private Wealth being offset by Institutional net outflows, while Retail flows remained unchanged [1] AUM Breakdown - As of February 28, 2025, the total AUM was $805 billion, with a breakdown as follows: - Total Equity: $333 billion, down from $342 billion in January - Total Fixed Income: $303 billion, up from $299 billion in January - Alternatives/Multi-Asset: $169 billion, slightly up from $168 billion in January [2][3] Channel Performance - Private Wealth AUM stood at $140 billion, unchanged from January - Institutional AUM decreased to $328 billion from $327 billion in January - Retail AUM decreased to $337 billion from $343 billion in January [3]