Victory Capital

Any time there’s a dovish hint from the Fed, the market seems to expect rates to head back to ultra-low levels, but Dan Bandi, Chief Investment Officer at Integrity Asset Management, says don’t expect this “miracle out of nowhere.” Dan explains why Integrity believes we are currently closer to the level of normal long-term rates and the implications for future asset allocation in this month’s edition of The Catalyst. https://ow.ly/NeaM50REqW9

Kids grow fast. Make sure their education savings is growing too. Encourage friends and family to contribute to your loved one’s 529 Plan account. Get your Ugift® code: vcm.com/ugift

Today, Victory Capital issued our earnings report for the first quarter, and I am pleased to share that we achieved strong financial results to start 2024. Our Investment Franchises also continued to deliver excellent investment performance for our clients, and we continued to reinvest in our platform in key areas such as product development, technology, data and analytics, and hiring to support organic growth. Following quarter-end, we disclosed a non-binding Memorandum of Understanding with Amundi to combine Amundi US into our Company and establish 15-year global and reciprocal distribution agreements. This proposed multi-dimensional transaction is both strategic and financially compelling and would represent a significant enhancement in the globalization of our Company. I am extremely proud of our team for the results we have delivered for our clients and shareholders and could not be more excited about our future and the journey ahead! I invite you to read more in our Q1 earnings release. https://lnkd.in/gMzTJ2bW

Although a strong U.S. dollar continues to act as a headwind for #emergingmarkets, Sophus Capital now believes that underlying fundamentals are beginning to favor #EM stocks. Learn why and get the outlook for emerging markets in this in-depth market commentary: https://ow.ly/20n350Rxkbn

Global Equities (as measured by the MSCI All Country World Index) registered solid gains in the first quarter of 2024. The continuing advance was fueled by encouraging economic data as well as the prospect of lower interest rates. Japan was the top performing region, as corporate reforms, the normalization of interest rates, and depreciation of the yen attracted investors. Learn more about the global investing landscape and outlook for global equities: https://ow.ly/SiKc50RxkRN

Rookie of the Year! Congratulations to Victor Wembanyama from your friends at Victory Capital. #GoSpursGo #PorVida

The U.S. economy has been impressive, replete with surprising job growth, strong labor participation, and a consumer that continues to spend. All this has helped fuel corporate earnings and drive many stocks higher. But are investors ignoring a few potent headwinds? Read more about domestic equities and value strategies from the RS Value team: https://ow.ly/NWN950RxkyL

May is #MilitaryAppreciationMonth! To all the brave men and women who serve or have served our country, thank you for your service.

Are you seeking investment opportunities to capitalize on the growth potential of some of the most innovative tech companies? Consider the Victory Nasdaq-100 Fund (USNQX), which seeks to offer broad-based large cap growth exposure at a lower cost. Learn more about this index-based fund, which was selected as the LSEG Lipper Fund winner in its category based on risk-adjusted returns for the five- and ten-year periods ended November 30, 2023: https://ow.ly/ishu50RuUQy

Markets were assuming that the Fed would cut aggressively, but hopes dimmed during the quarter in response to higher-than-expected inflation and strong labor data. The changing expectations resulted in fixed income volatility and mixed performance, thanks to a rising yield curve. Read more about credit spreads and the outlook for various fixed income asset classes in Victory Income Investors' latest commentary: https://ow.ly/Mw9x50RuUrS