US-based investment firm Voya Investment Management is entering the Australian institutional market via a distribution partnership with local marketing and advisory firm Breakwater Advisory.
Voya IM, formerly known as ING U.S. Investment Management, has been investing in private placements of Australian corporates for more than 15 years in addition to making private equity investments.
Voya IM will now expand its services in Australia to include providing asset management services to institutional investors across an array of asset classes, including multiple fixed income segments of the market, as well as equity and multi-asset strategies and solutions, the group said.
"Voya IM long ago identified Australia as an attractive and fast-growing market, and we are excited to be able to offer our services to Australian institutional investors," Voya IM's managing director and head of institutional distribution Bas NieuweWeme said.
ING U.S. Investment Management became Voya Investment Management on May 1 following the rebranding of its parent company to Voya Financial. The name change follows Voya Financial's separation from ING Group and initial public offering in May 2013. As of March 31 Voya IM has more than $200 billion in assets under management, with $127 billion managed for external institutions.
Breakwater Advisory is a specialist third-party marketing and advisory firm established earlier this year by Andreas Faeste, who has more than 20 years of Australian institutional investment experience, including senior management roles with Lend Lease/MLC, Westpac Investment Management, IAG and ING Investment Management Australia.
Voya IM's capabilities cover a broad array of asset classes, including fixed income, senior loans, equity and multi-asset strategies and solutions.
We invite you to read the following article in which Colonial First State general manager of products and investments, Peter Chun, explains the new range of funds launched in partnership with Sanlam Global ... Watch video
Ralton Asset Management has successfully run separately managed accounts for a long time. As a value manager, Ralton is constantly looking at shares that are mispriced; the turnaround stories, the 'fallen ... Watch video
Ibbotson's team travel around the country, visiting advisers, understanding their practice and really working out how the investment strategy that Ibbotson puts forward in the market is going to be beneficial ... Watch video
"We've identified a need for a more transparent, cost-effective and tax-efficient vehicle in the investment market and we think we've delivered that," said Matt Heine, joint managing director ... Watch video
One in four Australians will outlive their retirement savings by more than 10 years. Longevity risk - the risk of outliving your savings - is one of the biggest economic and social issues facing ... Watch video
As head of the Australian UBS Smaller Companies investment team, Stephen's job is to uncover the little gems in the Australian sharemarket and invest in them before they become household names.
"We ... Watch video
We invite you to watch our latest video featuring Sebastian MacKay, Investment Director, Multi Asset Investing at Standard Life Investments.
In this short 2 minute clip, MacKay discusses the key objectives ... Watch video
Get it Daily
FREE to your inbox, get the Financial Standard Daily Email.