Victory Capital Gains Momentum with Record Assets and Analyst Confidence

While numerous financial sector stocks continue grappling with market volatility, Victory Capital Holdings Inc. is demonstrating a quiet but notable resilience. The US-based asset management firm is currently benefiting from a dual tailwind of expanding client assets and a recent wave of positive analyst commentary?a combination that stands out in today’s challenging equity environment.

A key catalyst behind this positive momentum is the sustained growth in the firm’s assets under management (AUM). Victory Capital reported a new all-time high of $306.4 billion in client assets at the end of August. This figure represents a monthly increase of 1.3%, providing a clear indication that the company’s expansion continues unabated following its significant acquisition from Amundi.

This robust performance... Read more...