ING U.S. unit hits $1B in assets

|By:, SA News Editor

ING U.S. Investment Management (a unit of VOYA) announces its series of target-date collective trusts has surpassed $1B in assets after three years in business. In total, the firm manages about $10B in target-date assets.

The target series comprises nine trusts, corresponding to nine retirement dates starting in 2015 and ending in 2055.