Victory Capital Announces Expanded Relationship with Nasdaq
Victory Capital (NASDAQ:VCTR) today announced that Nasdaq will begin serving as the calculator, publisher and administrator for its proprietary CEMP indexes, which are the benchmarks for the firm’s volatility-weighted VictoryShares ETFs. The change will be effective on June 18, 2018, for the 12 domestic and international equity indexes, and in mid-September for the two emerging market equity indexes. All of the CEMP volatility weighted indexes will be rebranded “Nasdaq Victory Volatility Weighted Indexes” as of June 18, 2018. Nasdaq already calculates and publishes the Nasdaq Victory indexes for the VictoryShares Multi-Factor Minimum Volatility and Dividend Growth ETF offerings.