We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Victory Capital's (VCTR) January AUM Falls Sequentially to $176.8B
Read MoreHide Full Article
Victory Capital Holdings (VCTR - Free Report) reported assets under management (AUM) by its subsidiaries of $176.8 billion for January 2022. The results reflect a 3.7% fall from $183.66 billion reported on Dec 31, 2021.
At the end of January, VCTR’s U.S. Mid Cap Equity AUM fell 4.8% from the December reading to $29.12 billion, while the U.S. Large Cap Equity AUM dropped 7.3% sequentially to $14.62 billion. Moreover, the Global/Non-U.S. Equity AUM slid 3.5% from the December tally to $15.49 billion in January, while the U.S. Small Cap Equity AUM of $20.2 decreased 7.8%, sequentially.
Victory Capital recorded $58.31 billion in Solutions, down 3.4% from $60.36 billion reported in December. The Fixed Income AUM came in at $34.59 billion, down 1.6% from the prior month’s reported figure. Nonetheless, alternative investment assets increased 19.9% to $3.05 billion on a sequential basis.
The sound positioning of Victory Capital’s integrated multi-boutique business model in a rapidly-evolving industry and effectiveness of the distribution platform might support its performance in the days to come.
The stock's decline of 2.2% has been narrower than the industry's fall of 11.9% in the past six months.
T. Rowe Price Group, Inc. (TROW - Free Report) reported a preliminary AUM of $1.58 trillion as of Jan 31, 2022, reflecting a 6.5% decrease from the prior month’s $1.69 trillion.
TROW’s client transfers from mutual funds to other portfolios, including trusts and separate accounts, aggregated $2.2 billion in January 2022.
Franklin Resources, Inc. (BEN - Free Report) announced a preliminary AUM for January 2022. BEN's month-end AUM of $1,521.8 billion represented a decline of 3.6% from the previous month’s level.
Franklin's AUM was affected by the negative impacts of markets, while long-term net flows were flat.
Invesco (IVZ - Free Report) announced a preliminary AUM for January 2022. IVZ's month-end AUM of $1,550.9 billion represented a decline of 3.7% from the previous month’s reading.
Invesco's AUM was affected by unfavorable market returns, inducing a decrease of $61 billion. Invesco's AUM declined $2.1 billion As a result of foreign exchange rate movements.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Shutterstock
Victory Capital's (VCTR) January AUM Falls Sequentially to $176.8B
Victory Capital Holdings (VCTR - Free Report) reported assets under management (AUM) by its subsidiaries of $176.8 billion for January 2022. The results reflect a 3.7% fall from $183.66 billion reported on Dec 31, 2021.
At the end of January, VCTR’s U.S. Mid Cap Equity AUM fell 4.8% from the December reading to $29.12 billion, while the U.S. Large Cap Equity AUM dropped 7.3% sequentially to $14.62 billion. Moreover, the Global/Non-U.S. Equity AUM slid 3.5% from the December tally to $15.49 billion in January, while the U.S. Small Cap Equity AUM of $20.2 decreased 7.8%, sequentially.
Victory Capital recorded $58.31 billion in Solutions, down 3.4% from $60.36 billion reported in December. The Fixed Income AUM came in at $34.59 billion, down 1.6% from the prior month’s reported figure. Nonetheless, alternative investment assets increased 19.9% to $3.05 billion on a sequential basis.
The sound positioning of Victory Capital’s integrated multi-boutique business model in a rapidly-evolving industry and effectiveness of the distribution platform might support its performance in the days to come.
The stock's decline of 2.2% has been narrower than the industry's fall of 11.9% in the past six months.
Currently, Victory Capital carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other Asset Managers
T. Rowe Price Group, Inc. (TROW - Free Report) reported a preliminary AUM of $1.58 trillion as of Jan 31, 2022, reflecting a 6.5% decrease from the prior month’s $1.69 trillion.
TROW’s client transfers from mutual funds to other portfolios, including trusts and separate accounts, aggregated $2.2 billion in January 2022.
Franklin Resources, Inc. (BEN - Free Report) announced a preliminary AUM for January 2022. BEN's month-end AUM of $1,521.8 billion represented a decline of 3.6% from the previous month’s level.
Franklin's AUM was affected by the negative impacts of markets, while long-term net flows were flat.
Invesco (IVZ - Free Report) announced a preliminary AUM for January 2022. IVZ's month-end AUM of $1,550.9 billion represented a decline of 3.7% from the previous month’s reading.
Invesco's AUM was affected by unfavorable market returns, inducing a decrease of $61 billion. Invesco's AUM declined $2.1 billion As a result of foreign exchange rate movements.