Asset manager outlines growth strategy to reach $1 trillion in assets while maintaining fee rates at 46-47 basis points.
Victory Capital has set a goal to reach $1 trillion in assets under management while keeping its fee rate stable at 46-47 basis points. The firm aims to achieve this through organic growth and strategic acquisitions without compromising its fee structure.
The current fee rate reflects the firm’s competitive positioning in the asset management industry, where pressure on fees has intensified. Victory Capital’s prior AUM stood significantly below the $1 trillion mark, signaling a long-term expansion plan.
No immediate market reaction was specified, but the announcement underscores confidence in scaling operations while preserving margins.