They took 99 overweight/obese participants were assessed for cardio and muscular fitness. Visceral and subcutaneous adipose tissue were measured with a CT scan and measured cardio and muscular fitness. They found that cardio fitness and not muscular fitness was associated with visceral adipose tissue decreased. However, age, cardio fitness, and muscular fitness were associated with decreased subcutaneous tissue. Cardio and muscular fitness are both associated with reduced subcutaneous adipose tissue.
TL;DR Visceral adipose tissue was more positively affected more by cardio versus weight lifting, but subcutaneous adipose tissue was affected by muscular and cardio fitness