Welcome to our dedicated page for Victory Capital news (Ticker: VCTR), a resource for investors and traders seeking the latest updates and insights on Victory Capital stock.
Victory Capital Holdings, Inc. (NASDAQ: VCTR) is a diversified global asset management firm headquartered in San Antonio, Texas. The VCTR news feed on Stock Titan aggregates company-issued updates and market-moving announcements so readers can follow how this asset manager is evolving across its investment franchises and solutions platform.
News about Victory Capital frequently covers assets under management (AUM) and total client assets, with regular monthly and quarterly updates that break down AUM by asset class, vehicle, and region. These releases detail long-term and money market/short-term assets, flows, and the mix across solutions, fixed income, U.S. equity segments, global and non-U.S. equity, and alternative investments. Investors can use these disclosures to track changes in the firm’s scale, flows, and product mix over time.
VCTR news also includes quarterly earnings press releases, which present GAAP and non-GAAP financial results, such as revenue, operating margin, net income, Adjusted EBITDA, and Adjusted net income with tax benefit. These updates often discuss investment performance versus benchmarks, Morningstar ratings for mutual funds and ETFs, and commentary on business drivers, including acquisitions and integration progress.
In addition, Victory Capital issues announcements on strategic developments, such as the acquisition of Amundi US, the reintroduction of the Pioneer Investments brand, the expansion of its UCITS lineup through a strategic partnership with Amundi, and changes to its ETF product range, including planned ETF liquidations. Capital management actions, including dividends, share repurchase authorizations, and amendments to credit agreements, are also common topics.
By following the VCTR news page, readers can monitor AUM trends, product changes, strategic transactions, and financial performance updates that shape Victory Capital’s position in the global asset management industry.
Victory Capital reported strong financial results for Q4 and FY 2020, highlighting record adjusted earnings of $1.07 per share and an adjusted EBITDA margin of 52%. Total AUM increased by 11% to $147.2 billion, driven by positive market actions, despite net outflows of $1.6 billion. The company reduced debt by $344.3 million since July 2019, while also announcing a 29% increase in quarterly dividends. Looking ahead, Victory aims to close the THB Asset Management acquisition, enhancing its investment strategies.
Victory Capital Holdings reported a significant Assets Under Management (AUM) figure of $146.2 billion as of January 31, 2021. This indicates a stable management capability in the asset management sector. The AUM comprised various asset classes, including Fixed Income at $36.8 billion, Solutions at $33.8 billion, and U.S. Mid Cap Equity at $25.9 billion. The figures reflect a marginal decline in some categories compared to December 31, 2020, underscoring the need for strategic adjustments to enhance growth.
Victory Capital Holdings reported assets under management (AUM) of $147.2 billion as of December 31, 2020. This figure reflects a significant increase from $142.5 billion at the end of November 2020. The company's diverse asset management platform includes specialized investment strategies for various clients, including institutions and individual investors. A fourth-quarter financial results announcement is scheduled for February 10, 2021, followed by a conference call on February 11 to discuss these results.
Victory Capital Holdings, Inc. (NASDAQ: VCTR) has appointed Nikhil Sudan as President of the newly established Direct Investor Business. Sudan, previously a Partner at McKinsey & Company, brings extensive experience in wealth and asset management. This strategic hire is expected to enhance Victory Capital's growth opportunities in direct investment services. Starting January 2021, he will be part of the Executive Committee and based in San Antonio. Victory Capital currently manages $142.5 billion in assets and aims to innovate its business model to deliver superior investor experiences.
Victory Capital Holdings, Inc. (NASDAQ: VCTR) reported assets under management (AUM) of $142.5 billion as of November 30, 2020. This represents an increase from $131.1 billion on October 31, 2020. The company’s AUM includes diverse asset classes such as Fixed Income, U.S. Mid Cap Equity, and Mutual Funds. Victory Capital continues to operate a business model that combines boutique investment qualities with an integrated operational platform, serving various investors including institutions and individuals.
Victory Capital Holdings (NASDAQ: VCTR) reported a total of $131.1 billion in assets under management (AUM) as of October 31, 2020.
The company experienced slight fluctuations in various asset classes, including a decrease in U.S. Small Cap Equity, totaling $14.978 billion compared to $14.453 billion the previous month. Other categories like Fixed Income and U.S. Mid Cap Equity also showed minor changes.
Victory Capital operates a diversified asset management model, providing a variety of investment strategies.
Victory Capital has launched a new digital platform aimed at improving user experience for clients. The platform features a modern design, investment tools, and insights from experts. It offers secure account access, personalized chat, and educational resources, particularly for the military community. A new Investment Bonus Program incentivizes account referrals, rewarding participants with $100 for setting up automatic investments. Additionally, the company has expanded its investment offerings by adding a no-load Member Class to 11 existing funds, further diversifying investor options.
Victory Capital (NASDAQ: VCTR) reported record financial results for the quarter and nine months ending September 30, 2020. The company achieved significant growth with a revenue of $188.7 million, despite a 12% year-over-year decrease due to lower average AUM. GAAP net income rose 115% to $55.7 million. Victory Capital announced the acquisition of THB Asset Management, expanding its investment franchises. Also, a 17% increase in quarterly cash dividends and $15 million share repurchase program was introduced, alongside a debt reduction strategy that lowered the leverage ratio to 2.0x.
Victory Capital Holdings (NASDAQ: VCTR) has signed a definitive purchase agreement to acquire certain assets of THB Asset Management. The transaction, slated for early 2021, is expected to be immediately accretive to earnings. The THB investment team will join Victory Capital, maintaining their investment strategies and current operations. THB manages approximately $435 million in equity assets and has a strong performance track record. This acquisition aims to expand Victory Capital's market reach and enhance its investment offerings, particularly in socially responsible and sustainable investment strategies.
Victory Capital Holdings, Inc. (NASDAQ: VCTR) reported assets under management (AUM) of $132.7 billion as of September 30, 2020. This figure reflects a slight decrease from $136.8 billion recorded on August 31, 2020. Key asset classes include $35.8 billion in Fixed Income and $30.8 billion in Solutions. The Company will announce its third quarter 2020 financial results on November 4, 2020, followed by a conference call on November 5, 2020.
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