Latest news with #VoyaIM
Business Wire
31-07-2025
- Business
- Business Wire
Voya Investment Management expands Distribution team and launches new practice management platform: Voya Global Consulting
NEW YORK--(BUSINESS WIRE)--Voya Investment Management (Voya IM), the asset management business of Voya Financial, Inc. (NYSE: VOYA), today announced key additions to its Distribution team and the launch of a new practice management initiative, underscoring its commitment to the Intermediary channel. Three senior leaders have joined Voya IM's Distribution team, reporting to Tiffani Potesta, head of Distribution: Lynn Flaherty will join mid-August as head of Marketing. In this role, Flaherty will lead a team of marketing professionals responsible for the development and implementation of Voya IM's brand and marketing strategy for institutional and intermediary channels. Prior to Voya, Flaherty was at Schroders, where she established and executed the marketing strategy for their North American institutional business. Greg Khost joined in June 2025 as managing director and head of Intermediary Sales. He is responsible for leading the firm's business development efforts across private wealth markets in the U.S., including broker-dealers, private banks and RIAs. Khost has over 30 years of experience in private wealth and asset management. Prior to Voya IM, he was the head of Business Development for Neuberger Berman Private Wealth and also held sales leadership roles at Deutsche Bank, U.S. Trust and Central Park Group. Reporting to Khost is Brook Conley. Conley joined Voya IM in March as the Eastern Divisional sales head. Before joining Voya, Conley spent 29 years at Columbia Threadneedle as a wholesaler, most recently covering investment banks and cross- channel territories. Andrew Terry joined in July as head of Insurance Solutions. In this role Terry is responsible for expanding Voya IM's investment capabilities for insurance clients. Before joining Voya, Terry was a managing director at ACORE Capital, responsible for leading the firm's engagements with insurance companies in the U.S. and abroad. 'I'm thrilled that Lynn, Greg, Brook and Andrew have joined Voya IM. The Distribution team is very much in growth mode as we work to meet Voya IM's ambitious goals for the rest of 2025 and onward,' said Potesta. 'I am confident this team will bring the passion and expertise that will benefit Voya and our clients.' Concurrently, Voya IM also announced the launch of Voya Global Consulting (VGC), a new practice management platform led by Jason Chura, head of Voya Consulting. VGC is designed to help financial advisors grow their businesses through a customizable learning experience that addresses real-world challenges faced by advisors. VGC offers resources to improve advisor communication skills, deepen understanding of client behavior and build confidence in client interactions. 'We are committed to enhancing our Intermediary channel. As such, we made a concerted effort to provide our intermediary clients with not only the best products to meet their client's needs but also cutting-edge insights to help them meet their business needs,' said Potesta. 'Initial feedback from advisors has been overwhelmingly positive, and I look forward to working with Jason and Greg to develop VGC further.' About Voya Investment Management Voya Investment Management (IM) has approximately $395 billion in assets under management and administration as of March 31, 2025, across public and private fixed income, equities, multi-asset solutions and alternative strategies for institutions, financial intermediaries and individual investors, drawing on a 50-year legacy of active investing and the expertise of 300+ investment professionals. Voya IM has cultivated a culture grounded in a commitment to understanding and anticipating clients' needs, producing strong investment performance. VOYA-IM
Business Wire
25-06-2025
- Business
- Business Wire
Voya Investment Management announces leadership changes to its investment platforms
NEW YORK--(BUSINESS WIRE)--Voya Investment Management (Voya IM), the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today several senior leadership changes to its investment platforms. 'Over the past few years as the pace of innovation and change in the investment management industry has accelerated, we have made investments in new capabilities, data, technology and the next generation of leaders to align the depth and breadth of our investment expertise with the needs and objectives of our clients,' said Matt Toms, CEO, Voya Investment Management. 'Today's news is a continuation of this journey and will well position us for continued growth and success.' Among the changes announced today include: Eric Stein, CFA, will take on an expanded role as chief investment officer, effective July 1, 2025, overseeing Voya's public and private fixed income and alternatives, equities, income and growth, and multi-asset strategies and solutions teams. 'Since joining Voya in 2024, Eric has strengthened our investment structure and helped to elevate Voya IM's positioning in the market. His expanded role is a natural progression that reflects the strength of his leadership and vision for the future,' said Toms. Jeff Hobbs, CFA, will take on the role of chief investment officer of Fixed Income, effective July 1, 2025, continuing to report to Stein. In this role, Hobbs will oversee both public and private fixed income capabilities. He will also maintain oversight of Voya IM's insurance portfolio management team. 'The decision to combine public and private fixed income under Jeff reflects the team's heritage, allows the team to best serve clients, and aligns with industry best practices,' said Stein. 'The combination of Jeff's deep expertise across the spectrum of public and private fixed income along with his leadership acumen and connection to our clients make him the ideal person to lead our Fixed Income platform.' Chris Lyons, CFA, head of Private Fixed Income and Alternatives, has announced his intent to retire on December 31, 2025, following a successful 36-year career, including 32 years at Voya IM. Vincent Costa, CFA, chief investment officer of equities, has also announced his intent to retire effective September 30, 2025, following a successful 40-year career—including 19 at Voya. 'After long and successful careers at Voya, Vinnie and Chris separately approached me about retiring. Both wanted to ensure Voya IM, and their respective platforms, were in the best possible positions to succeed. With those goals met, both felt that now is the right time to begin the next chapters of their lives, leaving the platforms they have worked tirelessly to build in the capable hands of the next generation of leaders,' said Toms. 'I can't thank them enough for their dedication and contributions to Voya IM over the years.' As a result of Costa's retirement, Voya IM is pleased to announce that James Lydotes, CFA, will join Voya IM on September 2, 2025, as Chief Investment Officer of Equities, reporting to Stein. With more than 25 years of investment experience, most recently as deputy chief investment officer, Equities at Newton Investment Management, Lydotes has a strong track record of leading successful investment teams and delivering alpha for clients through differentiated active investment strategies. 'When Vinnie took on the role of CIO of Equities his mandate was to provide leadership stability during a period of transition as several new teams were integrated into the platform. He worked closely with the next generation of equity leaders to cultivate our long-standing culture of collaboration and innovation and infused the latest analytical tools into the fabric of our fundamental investment processes,' said Stein. 'Vinnie and his leadership team have built our equity business to the next level and I'm certain that Jim will not only continue that trend but will build on this foundation of success.' About Voya Investment Management Voya Investment Management delivers actively managed public and private market solutions that drive differentiated outcomes for clients worldwide. Our team of 300+ investment professionals manages approximately $344 billion in assets as of March 31, 2025. We excel at partnering with clients to understand their needs and address challenges in innovative ways, drawing on extensive expertise across fixed income, equity, and multi-asset strategies VOYA-IM
Yahoo
25-06-2025
- Business
- Yahoo
Voya Investment Management announces leadership changes to its investment platforms
Today's announcements are a natural evolution of Voya IM's investment leadership team, reflecting thoughtful succession planning and alignment of capabilities NEW YORK, June 25, 2025--(BUSINESS WIRE)--Voya Investment Management (Voya IM), the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today several senior leadership changes to its investment platforms. "Over the past few years as the pace of innovation and change in the investment management industry has accelerated, we have made investments in new capabilities, data, technology and the next generation of leaders to align the depth and breadth of our investment expertise with the needs and objectives of our clients," said Matt Toms, CEO, Voya Investment Management. "Today's news is a continuation of this journey and will well position us for continued growth and success." Among the changes announced today include: Eric Stein, CFA, will take on an expanded role as chief investment officer, effective July 1, 2025, overseeing Voya's public and private fixed income and alternatives, equities, income and growth, and multi-asset strategies and solutions teams."Since joining Voya in 2024, Eric has strengthened our investment structure and helped to elevate Voya IM's positioning in the market. His expanded role is a natural progression that reflects the strength of his leadership and vision for the future," said Toms. Jeff Hobbs, CFA, will take on the role of chief investment officer of Fixed Income, effective July 1, 2025, continuing to report to Stein. In this role, Hobbs will oversee both public and private fixed income capabilities. He will also maintain oversight of Voya IM's insurance portfolio management team."The decision to combine public and private fixed income under Jeff reflects the team's heritage, allows the team to best serve clients, and aligns with industry best practices," said Stein. "The combination of Jeff's deep expertise across the spectrum of public and private fixed income along with his leadership acumen and connection to our clients make him the ideal person to lead our Fixed Income platform." Chris Lyons, CFA, head of Private Fixed Income and Alternatives, has announced his intent to retire on December 31, 2025, following a successful 36-year career, including 32 years at Voya IM. Vincent Costa, CFA, chief investment officer of equities, has also announced his intent to retire effective September 30, 2025, following a successful 40-year career—including 19 at Voya. "After long and successful careers at Voya, Vinnie and Chris separately approached me about retiring. Both wanted to ensure Voya IM, and their respective platforms, were in the best possible positions to succeed. With those goals met, both felt that now is the right time to begin the next chapters of their lives, leaving the platforms they have worked tirelessly to build in the capable hands of the next generation of leaders," said Toms. "I can't thank them enough for their dedication and contributions to Voya IM over the years." As a result of Costa's retirement, Voya IM is pleased to announce that James Lydotes, CFA, will join Voya IM on September 2, 2025, as Chief Investment Officer of Equities, reporting to Stein. With more than 25 years of investment experience, most recently as deputy chief investment officer, Equities at Newton Investment Management, Lydotes has a strong track record of leading successful investment teams and delivering alpha for clients through differentiated active investment strategies. "When Vinnie took on the role of CIO of Equities his mandate was to provide leadership stability during a period of transition as several new teams were integrated into the platform. He worked closely with the next generation of equity leaders to cultivate our long-standing culture of collaboration and innovation and infused the latest analytical tools into the fabric of our fundamental investment processes," said Stein. "Vinnie and his leadership team have built our equity business to the next level and I'm certain that Jim will not only continue that trend but will build on this foundation of success." About Voya Investment Management Voya Investment Management delivers actively managed public and private market solutions that drive differentiated outcomes for clients worldwide. Our team of 300+ investment professionals manages approximately $344 billion in assets as of March 31, 2025. We excel at partnering with clients to understand their needs and address challenges in innovative ways, drawing on extensive expertise across fixed income, equity, and multi-asset strategies VOYA-IM View source version on Contacts Media: Kristopher Kagel(201) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
06-06-2025
- Business
- Business Wire
Voya Investment Management survey reveals DC specialists are more aligned with participant views on retirement readiness versus plan sponsors
NEW YORK--(BUSINESS WIRE)--Voya Investment Management (Voya IM), the asset management business of Voya Financial, Inc. (NYSE: VOYA), today released new findings from its 2025 Survey of the retirement landscape. 'Challenges and Opportunities for Defined Contribution (DC) Specialists' offers insights into the evolving perceptions and practices of those who advise, sponsor and benefit from employer-sponsored retirement savings programs. This is the fifth edition of the survey, with previous waves conducted in March 2023, March 2021, December 2018, and April 2016. While participants are feeling more optimistic regarding their retirement, as in 2023, sponsors continued to overestimate participants' sense of their retirement readiness. 91% of sponsors thought participants were either 'very' or 'somewhat' prepared, whereas only 69% of participants felt that way. The good news is that participant confidence increased since 2023, up from 63%. Meanwhile, DC specialists' views were more in line with participants', with 70% saying that participants are 'very' or 'somewhat' prepared (versus 71% in 2023). 'This level of confidence from sponsors isn't unusual,' said Brian Houston, senior vice president, Business Development Manager, DCIO, Voya IM. 'Sponsors have generally felt that participants are better prepared for retirement than specialists have. One of the many factors driving this optimism may be the long-running equity bull market. However, it's crucial that participants are properly invested and have appropriate asset allocation, especially in a volatile market environment. Both sponsors and specialists agree on this point, and it's a key focus for helping participants achieve their retirement goals.' The survey also highlights a growing interest among sponsors and participants in solutions for generating income in retirement, signaling a shift toward more outcome-oriented retirement planning. Other key findings of the report include: Target date funds (TDFs) remain a staple: Specialists and sponsors continue to see TDFs as key components of DC plans. Three in four specialists include them in the plans they advise, while three in five sponsors have them in their plan. Of the sponsors who don't, nearly half would like to in the future. Interest in retirement income options gain traction: While specialists were more likely to believe that plan sponsors prioritize investment selection and monitoring, sponsors place a higher value on guidance among retirement income options, ranking it considerably higher than what specialists perceived. The percentage of participants that are caregivers and those with special needs are underestimated: Specialists and plan sponsors recognized the importance of addressing the specific financial needs of caregivers. However, more than 80% of both groups estimated that caregivers made up less than 20% of plan participants. According to AARP data, the real number is likely far higher based on the incidence of caregiving in the general population. Bridging Perspectives: Sponsors and Specialists Align on Retirement Readiness Challenges and Opportunities As in 2023, sponsors and specialists continued to have generally similar views on the most challenging barriers to participant retirement readiness. Both groups agreed the top barrier is insufficient participant contributions to the plan. Sponsors cited participants taking loans, hardship withdrawals or other types of withdrawals as the second most important barrier, while specialists ranked participants not knowing how much they'll need in retirement in that position. Compared to the previous survey, this year's sponsor and specialist responses showed greater alignment on key barriers to retirement readiness. Both groups highlighted a lack of understanding and support for retirement income generation, as well as participant investment strategies that are either overly aggressive or too conservative. Retirement Income Options and Investment Menus Sponsors cited guidance on retirement income investment options as the top service they want from their specialist, and 77% identified adding a retirement income solution or product as an important area of focus in the next two years. According to 83% of sponsors, the SECURE Act of 2019 and the SECURE 2.0 Act of 2022 have encouraged a strong focus on retirement income. Nine out of 10 sponsors agreed that there has been greater focus on the need for retirement income solutions in DC plans due to an aging participant base. This sentiment was even stronger among sponsors of larger plans. Sponsors and specialists were fairly aligned in their opinions on how to structure the plan's investment menu. 91% of sponsors and 88% of specialists agreed that offering a tiered investment menu— i.e., TDFs, core funds, and a self-directed brokerage/mutual fund window—for different types of participants can result in a better investing experience. One area of variance between sponsors and specialists centered around the number of investment options in the plan. 70% of sponsors said offering too many choices could inhibit effective participant investment decisions (down from 82% in 2023), while specialists' views on this remained stable since the previous survey (88%). Opportunities for DC specialists 'We see a significant opportunity for DC specialists to lead in the delivery of products such as TDFs or retirement income products,' said Houston. 'Our data show strong alignment between sponsors and specialists on the importance of supporting participants' holistic financial well-being. This opens the door for specialists to provide targeted education and personalized messaging—especially around guidance on retirement income investing options, which sponsors ranked as their top priority.' Voya's survey also showed that specialists were more likely to indicate they always or usually recommend or discuss plan features with sponsors than sponsors perceived, suggesting an opportunity for specialists to strengthen their communication skills especially when conveying their value / expertise. Sponsor and specialist views on the goals of financial wellness programs were generally well aligned. Sponsors identified helping participants with holistic financial wellness as an important area of focus, which presents an excellent opportunity for specialists to assist. Methodology From mid-January to mid-February 2025, we conducted an online survey of retirement plan sponsors and DC specialists focused on the retirement plan market. As in 2023, we included contributing participants in the survey to better understand their perspectives on issues such as retirement readiness, investing, and financial confidence. Voya Consumer Insights & Research assisted Voya IM with the development, execution, and analysis of the retirement plan participant survey. This survey was crafted to complement the plan sponsor and DC specialist surveys conducted with Brookmark Research. An online survey was conducted among 500 benefits-eligible, employed Americans who were actively contributing to their employer-sponsored retirement plan. The study distinguishes specialists by type: heavy-focus DC specialists, whose practices emphasize plan sponsor clients, and emerging DC specialists, for whom plan sponsors represent a smaller proportion of business. The study also segments sponsors based on plan size: $1-5 million, $5-25 million, and over $25 million. About Voya Investment Management Voya Investment Management delivers actively managed public and private market solutions that drive differentiated outcomes for clients worldwide. Our team of 300+ investment professionals manages approximately $344 billion in assets as of March 31, 2025. We excel at partnering with clients to understand their needs and address challenges in innovative ways, drawing on extensive expertise across fixed income, equity, and multi-asset strategies. VOYA-IM
