VictoryShares ETFs exceed USD5bn AUM milestone
Victory Capital’s VictoryShares ETF platform has crossed the USD5 billion mark in assets under management.
The firm entered the ETF business in 2015 and its growing ETF platform includes a suite of strategies that use a rules-based approach to seek to outperform traditional market cap-weighted indexing strategies.
“The methodologies behind our innovative strategic beta ETFs have resonated with investors who understand the inherent deficiencies of traditional cap-weighted indexes,” says Mannik Dhillon, President of VictoryShares and Solutions. “Our success is rooted in bringing clients solutions that seek to deliver on our mission to combine active insights with passive solutions that are low cost and tax efficient.”
Having amassed USD5 billion in assets in five years, VictoryShares is among the fastest-growing ETF issuers in the United States.
“The ETF industry has seen rapid growth and we’re appreciative of both the opportunity to contribute to that evolution and the trust our clients have placed in us,” Dhillon says.