Investment Outlook

Storm clouds and lightening bolts

Tumultuous Month Ends Year in the Red

Before re-entering risk markets, we await signals of adequate return potential from two of three pillars of our investment process.

Stock Market in Newspaper

Navigating Volatility: Six Macro Themes for the First Half of 2019

In this issue, we provide a more granular look at the key macro developments we expect to play out in the first half of the year.

Stormy sky with lightening

Holiday Cheer Wrapped with Trade War Fear

As we move into 2019, we expect economic and earnings growth to slow but not stall. We remain overweight U.S. large cap and emerging market equities, but think growth abroad is more likely to surprise to the upside.

Fixed Income Perspectives - Counting the Days Until December

November 20, 2017

We've held short duration much of the year to buffer gradually rising rates, and are staying short into year-end. We are tactically increasing investment-grade and high-yield corporate credit risk. We remain positive on securitized assets, preferring CLOs and CMBS, and are slightly overweight select emerging markets.

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Voya Multi-Asset Perspectives - Watching the Central Banks

November 8, 2017

We think policy will drive markets going forward, and focus on assets that are geared to growth. Global equities look most attractive under current conditions. We maintain our emerging market and U.S. small-cap positions, and continue to rotate our equity position toward Japan.

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Fixed Income Perspectives - Proceeding with Caution

October 19, 2017

The global economy looks healthy yet uncertainty persists: geopolitical risk from North Korea, tax reform in Washington, naming a successor to Federal Reserve chair Janet Yellen and the European Central Bank's rollback of QE. We view these uncertainties as reasons to pull back risk despite strong market fundamentals.

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