Victory Capital Holdings VCTR reported resources below administration (AUM) by its subsidiaries of $164.9 billion for August 2021. The implications mediate a 1.3% upward thrust from the $162.9 billion reported on Jul 31, 2021.
On the tip of August, the company’s U.S. Mid Cap Equity AUM inched up 1.9% from July to $31.3 billion, while the U.S. Super Cap Equity AUM rose 1.4% sequentially to $15.7 billion. Moreover, the World/Non-U.S. Equity AUM climbed 2.1% from July to $16.2 billion in August, while the U.S. Small Cap Equity AUM of $20.2 billion edged down marginally.
Victory Capital recorded $41.1 billion in Choices, up 2% from the $40.3 billion reported in July. The Mounted Earnings AUM came in at roughly $37 billion, up marginally from the prior month. Other resources diminished 11.8% to $383 million on a sequential basis.
The sound positioning of Victory Capital’s integrated multi-boutique change mannequin in a with out warning-evolving industry and effectiveness of the distribution platform will seemingly reduction supporting its efficiency in the times to come inspire.
Shares of the company obtain received 27.5% over the previous six months, outperforming the industry’s 18.8% rally.
Picture Source: Zacks Funding Analysis
Currently, Victory Capital carries a Zacks Sinful #3 (Shield). You would possibly presumably look for your complete list of at the moment time’s Zacks #1 Sinful (Receive Hold) stocks right here.
Efficiency of Other Asset Managers
T. Rowe Tag Neighborhood, Inc. TROW reported preliminary AUM of $1.68 trillion as of Aug 31, 2021. This reflects a 2.4% lengthen from the prior month’s $1.62 trillion.
Lazard Ltd. LAZ recorded a 1.6% upward thrust in the preliminary resources below administration (AUM), as of Aug 31, 2021, from the old month. The total AUM balance aggregated $282.8 billion, marking an lengthen from the prior month’s $278.4 billion.
Franklin Resources BEN reported a preliminary AUM balance of $ 1,572.1 billion for August. This highlighted a marginal upward thrust from the $1,557.3 billion recorded as of Jul 31, 2021.
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Franklin Resources, Inc. (BEN): Free Stock Prognosis Account
T. Rowe Tag Neighborhood, Inc. (TROW): Free Stock Prognosis Account
Lazard Ltd (LAZ): Free Stock Prognosis Account
Victory Capital Holdings, Inc. (VCTR): Free Stock Prognosis Account
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