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 Holdings (NASDAQ: VCTR) reported total assets under management (AUM) of
Victory Capital reported significant financial results for Q3 2022, with total assets under management dropping to $147.3 billion, reflecting a decrease of $7.7 billion from the prior quarter. Despite this, the company achieved long-term gross flows of $6.6 billion and net inflows of $1.9 billion year-to-date. The GAAP net income was $72.8 million, or $1.01 per diluted share, while adjusted net income with tax benefit rose to $85.6 million, or $1.19 per diluted share. The Board declared a quarterly cash dividend of $0.25 per share, underlining a commitment to shareholder returns.
Victory Capital Holdings, Inc. (NASDAQ: VCTR) announced the launch of the VictoryShares WestEnd U.S. Sector ETF (MODL). This actively managed ETF reflects WestEnd's U.S. Sector Strategy, aiming for favorable returns through meticulous sector selection based on economic insights. The product offers low account minimums, tax efficiency, and ease of trading. Victory Capital manages $147.3 billion in assets as of September 30, 2022, and continues to expand its investment offerings to meet diverse client needs.
Victory Capital Holdings (NASDAQ: VCTR) reported Assets Under Management (AUM) of
Victory Capital Holdings, Inc. (NASDAQ: VCTR) reported assets under management (AUM) of
Victory Capital Holdings (NASDAQ: VCTR) reported its assets under management (AUM) at
Victory Capital (VCTR) reported second-quarter 2022 financial results, highlighting total Assets Under Management (AUM) of $154.9 billion. The quarter saw long-term gross flows of $9.2 billion, but net flows reported a decline of $0.6 billion. Revenue for the quarter was $216 million, down 6.1% from the prior quarter. Despite challenges, the GAAP operating margin improved to 55.2%. Adjusted net income was $80.7 million, with a regular quarterly cash dividend of $0.25 per share approved by the Board. The company continues to explore acquisition opportunities amidst market volatility.
Victory Capital Holdings reported second-quarter 2022 results, revealing assets under management (AUM) of
Victory Capital Holdings, Inc. (NASDAQ: VCTR) announced its assets under management (AUM) reached $166.9 billion as of May 31, 2022. This reflects a growth from $165.985 billion reported on April 30, 2022. The company offers various investment products through its 12 autonomous Investment Franchises and Solutions Platform, including mutual funds, ETFs, and alternative investments. Victory Capital was ranked ninth on Fortune’s list of the 100 Fastest Growing Companies for 2021, showcasing its competitive position in the asset management industry.
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