Victory Capital, Milliman to Offer Bundled DB Services

September 27, 2001 ( - Victory Capital Management has joined with actuarial firm Milliman USA to offer pension plans a full menu of bundled defined benefit services.

The companies will offer investment management, asset allocation, trusteeship, custody, sponsor reporting, disbursement, actuarial, regulatory reporting, and employee communication.

Founded in 1894, Victory manages or advises more than $75 billion for corporations, labor unions, governments, individuals, families, not-for profit organizations, and investment companies in separate accounts, commingled funds, and the Victory family of more than 30 mutual funds.

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It is a subsidiary of Cleveland-based KeyCorp, a financial services company with approximately $86 billion in assets.