VOYA (VOYA)

Key Insights

• Voya Financial's Investment Management (IM) segment had approximately $360 billion in assets under management (AUM) as of December 31, 2025, with a mix of equity, fixed income, alternative, and money market assets.
• The IM segment saw a client reclassification of around $11 billion from AUM to AUA (assets under administration) in Q4 2025.
• The IM segment's AUM included $172 billion in institutional external client assets, $151 billion in retail external client assets, and $37 billion in company general account assets.