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 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.