Victory Capital Holdings announced that its wholly owned investment adviser, Victory Capital Management Inc., has launched two new active exchange-traded funds, VictoryShares WestEnd Global Equity ETF and VictoryShares WestEnd Economic Cycle Bond ETF. Both funds will employ the active, macroeconomically driven investment approach that WestEnd Advisors, a Victory Capital Investment Franchise, has used to manage portfolios for more than two decades. BMDL will layer in Victory Income Investors’ active credit selection expertise for bottom-up security selection.
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