US asset manager Voya Financial faces sale pressure from activist fund
Toms Capital Investment Management has built stake in $1.1tn in assets pension and insurance group
Toms Capital Investment Management has built stake in $1.1tn in assets pension and insurance group

Industry reported $38bn in transactions in 2025 as consolidation intensifies

World’s second largest asset manager estimates reduction will save investors $3.5mn a year

Quest for scale puts global money manager tie-ups on pace to crush last year’s deal total as costs and competition mount

Industry regulator has written to 58 schemes to warn about their exposure to hard-to-sell investments

Talks with private capital firms have focused on operational hurdles for retail customers

Asset manager puts UK chairs on notice on remuneration as part of closer scrutiny of boards