ING U.S. Added to Russell 1000, Global Indexes
NEW YORK, July 1, 2013
NEW YORK, July 1, 2013 /PRNewswire/ -- ING U.S., Inc. (NYSE: VOYA) announced
today that it has been added to the Russell 1000 and Russell Global Indexes.
The addition of ING U.S. to both indexes follows Russell Investments' annual
reconstitution of its comprehensive set of U.S. and global equity indexes
following the close of equity markets on June 28.
"Following our initial public offering in May, we're pleased to now be a part
of both the Russell 1000 and Russell Global Indexes," said Rodney O. Martin,
Jr., Chairman and Chief Executive Officer, ING U.S. "We're excited about the
future as we pursue our vision to be America's Retirement Company, and we look
forward to the broader representation ING U.S. will have by being a part of
these two indexes."
Russell indexes are widely used by investment managers and institutional
investors for index funds and as benchmarks for both passive and active
investment strategies. Approximately $4.1 trillion in assets currently are
benchmarked to them.
The Russell Global Index, which captures approximately 98% of investable
securities globally, is reconstituted annually and all sub-indexes are
recalibrated simultaneously to accurately measure current market realities for
each market segment. These investment tools originated from Russell's
multi-manager investment business in the early 1980s when the company saw the
need for a more objective, market-driven set of benchmarks in order to
evaluate outside investment managers.
About ING U.S.
ING U.S. (NYSE: VOYA), which plans to rebrand in the future as Voya Financial,
is a leading provider of financial products and services, both at the
workplace and through an expansive distribution network of financial
professionals. ING U.S.'s mission is to guide Americans on their journey to
greater retirement readiness and to make a secure financial future possible –
one person, one family, and one institution at a time.
ING U.S.'s vision is to be America's Retirement Company. The ING U.S.
Retirement Solutions, Investment Management and Insurance Solutions businesses
reach approximately 13 million retail and institutional clients and customers
with a comprehensive array of financial products and services, such as
retirement plans, IRA rollovers and transfers, stable value, institutional
investment management, mutual funds, alternative investments, life insurance,
employee benefits, fixed and indexed annuities, and financial planning. ING
U.S. has more than $481 billion in assets under management and administration
as of March 31, 2013.
SOURCE ING U.S.
Contact: Media Contact: Christopher Breslin, 212-309-8941,
Christopher.Breslin@us.ing.com, or Investor Contact: Darin Arita,
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