Eric Stein, Head of Investments and CIO of Fixed Income at Voya Investment Management, says there will be winners and losers resulting from Trump's various policies. Read Stein’s full election takeaways insights here.
In a recent segment on CNBC, Barbara Reinhard, CEO of Multi-Asset Strategies and Solutions at Voya Investment Management, discussed market trends and predictions. She highlighted the positive impact of recent U.S. Personal Consumption Expenditures (PCE) numbers, aligning with the Federal Reserve's actions, including the latest interest rate cuts.
David Cohne and Michael Casper of Bloomberg spoke with Voya’s Head of Small Cap Growth Michael Coyne about the growth metrics he uses for selecting small cap stocks and how he determines sustainable valuations. They also discussed the recent selloff, where small caps could go from here and evaluating risk and reward.
Voya IM announces Tiffani Potesta as its new head of distribution.
Gareth Shepherd, co-head of the Voya Machine Intelligence team, discusses advancements of AI and the future impact on health care breakthroughs.
Our own Edward Levin and Thomas Emmons recently talked with Pensions & Investments to discuss the growth in the energy transition sector and why investors should look at it.
Voya Investment Management Chief Executive Officer Christine Hurtsellers announces plans to retire in 2024; Matt Toms, currently Voya Investment Management global chief investment officer, named her successor.
Eric Stein joins Voya Investment Management as head of investments and chief investment officer, fixed income.
Bloomberg reports that money managers are “being seduced by a relatively rare type of security – so-called recovery bonds – for their attractive spreads, duration and safety.” The bonds are generally issued by utility companies “trying to recapture losses from natural disasters, such as wildfires or storms, through special fees levied on customers’ electric bills. The charges are then bundled up and sold as notes which get classed as asset-backed securities.” Voya Investment Management head of securitized credit David Goodson believes the AAA rated notes make an attractive opportunity for investors who do not usually deal with structured products, saying, “Corporate investors throw in big orders, splashing the pot. That duration and spread at the AAA level makes these bonds look attractive relative value-wise.”
AiThority reports Voya Financial has named Tatyana Kibrik the new Chief Technology Officer of Voya Investment Management. In her new role, Kibrik “will be responsible for providing strategic technical leadership to innovate and implement solutions that enhance Voya’s investment and distribution efforts” by focusing “on investment and trading technologies, while advancing the firm’s investments in robust data science, machine learning, automation and environmental, social, governance capabilities for the benefit of Voya’s clients.” Voya Chief Information Officer Santhosh Keshayan said, “Tatyana brings to the role vast technical knowledge and deep leadership experience to help Voya continue our evolution to become a technology-enabled company and advance our investment and trading technologies in alignment with our business growth plans. Her broad experience will be instrumental as we continue to advance our business strategy to create better outcomes for our stakeholders.”
MarketWatch reports that even though most analysts believe “high-quality bonds should hold up better than stocks” in an inflationary environment, “that hasn’t been the case lately for debt issued by many Fortune 500 companies.” The sector has registered a -10% total return so far this year, one of its worst since the financial crisis, though sentiment may be changing. Voya Investment Management head of investment-grade credit Travis King said, “I think individual investors are still licking their wounds, given the negative total returns. But we think with around 4% yields it starts to look like a better entry point, particularly if there is stability in the Treasury market.”
