business
TOMS Capital urges insurer Voya to weigh sale options
Key takeaways
- TOMS Capital urges insurer Voya to weigh sale options Voya Financial oversees more than $1tn in total assets under management and administration.
- The investor, identified as one of Voya’s largest shareholders, called on the board to begin a formal assessment of options, including a possible sale of the company.
- It called on the board to “act with urgency”.
TOMS Capital urges insurer Voya to weigh sale options Voya Financial oversees more than $1tn in total assets under management and administration. Credit: viewimage/Shutterstock.com. · Life Insurance International · viewimage/Shutterstock.com. Vidhya Edwards Munnangi Tue, June 2, 2026 at 5:18 PM GMT+7 2 min read VOYA TOMS Capital Investment Management has written to Voya Financial’s board, criticising directors for what it described as a “failure to oversee management and address the company s persistent underperformance”.
The investor, identified as one of Voya’s largest shareholders, called on the board to begin a formal assessment of options, including a possible sale of the company.
It called on the board to “act with urgency”.
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