Voya Financial's assets under management totaled $276 billion as of June 30, up 1% from March 31 but down 2.5% from the year before, the money manager said in its earnings report released Wednesday.
Assets under administration for the company were $190 billion as of June 30, up 3.2% from March 31 but down 5.5% from June 30, 2015.
Voya's retirement segment had net inflows of $693 million in the quarter, vs. net inflows of $1.1 billion in the first quarter and net inflows of $475 million for the second quarter of 2015.
Voya posted net income of $162 million for the second quarter, down 15.6% from the first quarter and down 43% from the second quarter of 2015.
Total operating revenue, meanwhile, was $2.24 billion, down 7.5% from the previous quarter but up 5% from the same period a year earlier.
