Overview
Advisory Business
Voya UK is a wholly owned subsidiary of Voya Investment Management LLC (“Voya IM LLC”), a registered investment
adviser, which in turn is a wholly owned subsidiary of VIM Holdings LLC, a Delaware limited liability company. Voya
Financial, Inc., a publicly traded company, holds a 76% economic stake in VIM Holdings LLC through its subsidiary
Voya Holdings Inc. As of July 25, 2022, Allianz SE, a stock corporation organized and existing under the laws of the
European Union and the Federal Republic of Germany, holds an indirect 24% economic stake in VIM Holdings LLC as
a result of a transaction combining Voya IM LLC with the assets and teams comprising specified transferred strategies
formerly managed by Allianz Global Investors U.S. LLC.
Voya UK offers its services as adviser and sub-adviser to a variety of investment vehicles, including but not limited to
institutional separate accounts, registered investment companies and pooled investment funds. Utilizing global
resources, Voya UK offers a variety of investment advisory and investment management services for equity portfolios.
Assets Under Management
As of December 31, 2023, Voya UK managed $496,300,000.00 (USD) in client assets, including $496,300,000.00 on
a discretionary basis and $0.00 on a non-discretionary basis.
Investment Authority
Subject to any written guidelines which the client provides or other
specialized arrangements, Voya UK normally has
complete discretion and authority to manage investments for client accounts. Voya UK, as the client’s agent and
attorney-in-fact, generally holds a limited power of attorney to act without prior consultation.
Accordingly, Voya UK is generally authorized to perform various functions, at the client’s expense, without further
approval from a client, except as required by law, including: (a) to make all investment decisions; (b) to buy, sell, and
otherwise trade in securities; (c) to issue instructions to the custodian for operational matters of the account, including
but not limited to such items as tender offers and reorganizations; (d) to select brokers or dealers to execute securities
transactions; and (e) vote proxies and make similar decisions. Voya UK can also enter into swaps and other derivatives
and executes ancillary documents on their behalf.
As a general matter, a fund’s or account’s custodian rather than Voya UK is responsible for filing class action claims
and, with certain exceptions, Voya UK generally does not commence or pursue litigation on behalf of clients or separately
managed accounts.
Trading support and outsourcing
Voya UK’s affiliates provide administrative, trading, marketing and other support services for Voya UK, where the
entities are responsible for making portfolio management decisions.