We are a prominent full-service asset manager with $246 billion of AUM and $56 billion of AUA as of December 31, 2020. We serve both individual and institutional customers, offering them domestic and international fixed income, equity, multi-asset and alternative investment products and solutions across a range of geographies, investment styles and capitalization spectrums. We are committed to investing responsibly and delivering research-driven, risk-adjusted, client-oriented investment strategies and solutions and advisory services. Our business manages third-party assets and separate and general account assets from our Ongoing Business and Closed Block businesses.

FY’20 Investment Management Normalized Adjusted Operating Earnings before Income Taxes of $203mm1


Objective: Increase our operating margin by leveraging our strong investment performance to gather more assets and benefit from economies of scale.

Performance dashboard:


1. Note: Pre-tax. Excludes Normalized Adjusted Operating Earnings attributable to Corporate, all unlocking of DAC/VOBA and, prepayment fees and alternative income above/(below) long term expectations. Normalized Adjusted Operating Earnings is a non-GAAP financial measure. Information regarding this non-GAAP financial measure, and a reconciliation to most comparable U.S. GAAP measure, is provided in the “Reconciliations” section of the Quarterly Investor Supplement.




1As of June 30, 2020. AUM by asset class may not sum to total AUM due to rounding.


2Total Retirement Providers AUM of $48 billion differs from Retirement and Wealth Management Assets as disclosed in the Investor Supplement as it excludes Retail Wealth Management AUM of $22 billion (captured through Retail Intermediaries) and General Account AUM of $31 billion.


  • Institutional: Through a dedicated sales and service platform consisting of direct-and consultant-focused sales professionals.

  • Retail: Through intermediary-focused distribution platform, consisting of business development and wholesale forces which partner with: banks, broker-dealers, independent financial advisers, and affiliate and third-party retirement platforms.

Investment Performance:


1Voya Investment Management calculations as of September 30, 2020. Metrics presented are based on a prescribed criteria to measure each asset class based on its respective success in either, A) ranking above the median of its peer category; or B) outperforming its benchmark on a gross-of-fee basis. Metrics are calculated on an annualized basis and inclusive of fully-actively managed mutual funds, collective investment trusts, and separately-managed institutional mandates included in traditional (long-only) third-party accounts remaining open as of September 30, 2020. Above median metrics represent a mix of net-of-fee rankings from Morningstar and gross-of-fee rankings from eVestment. Past performance is not a guarantee or reliable indicator of future results. All investments involve risk including the possible loss of capital.