Voya Financial completes transfer of majority of Allianz Global Investors’ U.S. business; begins new strategic distribution partnership
Voya Financial, Inc. (NYSE: VOYA) (“Voya”), announced today that it has completed its previously announced transfer of certain assets and teams comprising the substantial majority of Allianz Global Investors’ (“AllianzGI”) U.S. business (“AGI U.S.”) to Voya Investment Management (“Voya IM”), the asset management business of Voya Financial. AllianzGI and Voya Financial announced on June 13, 2022 that the companies had entered into a definitive agreement regarding the strategic partnership.