Welcome to our dedicated page for Victory Capital Holdings news (Ticker: VCTR), a resource for investors and traders seeking the latest updates and insights on Victory Capital Holdings stock.
Victory Capital Holdings, Inc. (symbol: VCTR) is a leading independent investment management firm. Leveraging a next-generation, integrated multi-boutique business model, Victory Capital manages a substantial $62.3 billion in assets as of June 30, 2018. The company’s unique structure is made up of nine autonomous investment franchises, each fostering its own independent culture and distinct investment approach. This setup allows investment professionals to focus solely on delivering superior investment results, free from the encumbrances of other operational responsibilities.
Victory Capital offers a diversified range of investment solutions, including a prominent rules-based solutions platform that features the VictoryShares ETF brand. Moreover, the firm provides custom and multi-asset class strategies, catering to the varied needs of its clientele. The company’s robust infrastructure supports a centralized distribution, marketing, and operational framework, which benefits its franchises and solutions platform.
With a broad spectrum of asset classes and investment vehicles such as separately managed accounts, collective trusts, mutual funds, ETFs, and UMA/SMA vehicles, Victory Capital serves a wide range of clients. These include institutional investors, financial advisors, and retirement platforms. The company’s revenues are primarily derived from asset-based fees related to its investment management products and services.
Headquartered in San Antonio, Texas, Victory Capital has established itself as a significant player in the investment management industry. The firm’s commitment to achieving investment excellence and delivering tailored financial solutions underscores its operational philosophy and market presence.
Victory Capital (NASDAQ: VCTR) announced assets under management (AUM) of $161.9 billion as of June 30, 2021, reflecting a robust financial position. The company reported positive net long-term flows during Q2 2021. Key asset distributions include $36.4 billion in Fixed Income and $39.6 billion in Solutions. A second-quarter earnings report will be released on August 5, 2021, followed by a conference call on August 6, 2021. Victory Capital employs a next-generation business model, providing specialized investment strategies to a diverse client base.
Victory Capital reported assets under management (AUM) of $160.9 billion as of May 31, 2021. This represents an increase compared to $157.1 billion from April 30, 2021. Key asset classes include $35.9 billion in Fixed Income and $38.9 billion in Solutions. The Company operates with a next-generation model featuring ten autonomous Investment Franchises and a wide range of investment strategies, including actively managed mutual funds and ETFs.
Victory Capital (NASDAQ: VCTR) has announced exclusive agreements with Nasdaq and Hashdex Ltd. to enter the cryptocurrency market. The company will sponsor private placement funds for U.S. investors based on the Nasdaq Crypto Index, which was co-developed with Hashdex. Plans include launching a private fund that tracks the NCI and additional private funds linked to the Bitcoin and Ethereum Price Indices. This initiative aims to meet growing institutional interest in digital assets and provide investors with diversified exposure in the evolving crypto market.
Victory Capital Holdings reported assets under management (AUM) of $157.1 billion as of April 30, 2021. A recent transition with an institutional client resulted in positive long-term net flows. The company announced a new $15 million share repurchase plan, emphasizing its strong financial position and ongoing capital allocation strategy, which prioritizes debt reduction while returning capital to shareholders. The completion of a prior repurchase authorization of $15 million was also noted.
Victory Capital reported strong Q1 2021 results with revenue of $212.9 million, a 4% increase year-over-year and a 6% rise from Q4 2020. The company achieved a record net income of $65.2 million, or $0.88 per share. Assets Under Management (AUM) grew by $7.1 billion to reach $154.3 billion, bolstered by positive market actions and an acquisition. The Board declared a quarterly cash dividend of $0.12 per share, a 33% increase from Q4 2020. Leverage ratio improved to 1.6x, and the company successfully reduced its debt costs.
Victory Capital Holdings (NASDAQ: VCTR) announced a scholarship program in collaboration with Xavier University of Louisiana (XULA) to support students in investment management. The program allocates $50,000 for gap scholarships for the 2021-2022 academic year, targeting students in financial need, particularly those in the Post-911 GI Bill’s Yellow Ribbon Program. Additionally, $50,000 will fund an Investment Club at XULA, enabling hands-on investment learning. This initiative aims to promote diversity and prepare students for careers in finance while reinforcing Victory Capital's commitment to social equity.
Victory Capital Holdings (NASDAQ: VCTR) reported a significant increase in assets under management (AUM), reaching $154.3 billion as of March 31, 2021. This growth stems partly from the acquisition of THB Asset Management, contributing $547 million in transferred assets. The company offers a diverse range of investment strategies through its nine autonomous Investment Franchises, focusing on mutual funds, separately managed accounts, and ETFs. A conference call to discuss first-quarter 2021 financial results is scheduled for May 7, 2021.
Victory Capital Holdings, Inc. (NASDAQ: VCTR) announced it received three 2021 US Refinitiv Lipper Fund Awards for risk-adjusted returns as of November 30, 2020. The awards recognize the Victory High Yield Fund (top fund in the High Yield category over five years) and the Victory Floating Rate Fund (top in Loan Participation over three and five years). This achievement underscores Victory Capital's commitment to delivering strong long-term returns. As of February 28, 2021, the company manages $150.6 billion in assets.
Victory Capital Holdings reported assets under management (AUM) of $150.6 billion as of February 28, 2021. This figure reflects a robust asset base, showcasing the firm's diversified investment strategies including mutual funds, ETFs, and separate accounts. AUM increased from $146.2 billion on January 31, 2021. The company employs a next-generation business model, combining boutique investment qualities with a centralized platform to serve various investors, including institutions and individuals.
Victory Capital Holdings (NASDAQ: VCTR) announced that Alderwood Capital LLP has received authorization from the UK Financial Conduct Authority and is now launched for institutional investors. Victory Capital's investment in Alderwood marks its entry into private vehicles and illiquid assets, promising strategic opportunities and potential attractive returns due to favorable fee rates. The company manages $146.2 billion in assets and offers diverse investment strategies through its nine autonomous franchises.
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