Voya’s large cap value team believes that excess capital yield (ECY) provides a holistic view of the amount of capital a company has available to create value.
Big data is fueling, informing and empowering businesses globally.
We believe Voya’s large cap value discipline is a more dynamic and effective valuation mechanism to drive a value strategy
Voya’s large cap value team believes that excess capital yield (ECY) provides a holistic view of the amount of capital a company has available to create value. We apply our ECY framework to evaluate stocks from a relative value perspective and construct a diversified portfolio with a higher yield than the benchmark.
In What’s unique about Voya’s approach to ESG?, Jim and Laura dive into processes and tools, including our proprietary V-score, that make ESG a meaningful part of investment decisions in Voya’s equity strategies.
Listen in as Jim Dorment (head of value and portfolio manager) and Laura Kane (head of ESG research) gather to peel back the layers on key topics facing ESG investors today.
How are E, S and G evolving? takes a look at critical changes in how investors assess each component of environment, social and governance factors. It’s not enough to focus (rightly) on the low-carbon transition—there are issues of labor disruptions caused by the transition to consider as well.
Taking the tough questions head on, Do ESG critics have a point? raises issues such as ESG’s recent underperformance (and the problem with generalizing issues about ESG), the veracity of impact investing and the troubling lack of clarity on ESG product labeling.
Performance is the focus of Where will the next wave of ESG alpha come from?, shining a light on the difference between divesting “bad ESG” companies vs. including and engaging companies to find those likely to be voted “Most Improved in ESG.”
Big data is fueling, informing and empowering businesses globally. As growth-oriented investors, we see opportunities in best-in-class companies that are creating the technologies driving big data services.
We believe Voya’s large cap value discipline, which focuses identifying companies with attractive excess capital yield, is a more dynamic and effective valuation mechanism to drive a value strategy, particularly in today’s market uncertainty.
The prospect of rising real interest rates favors value versus growth stocks, while moderating economic growth and persistent inflation favor inexpensive stability value names over well-priced cyclicals.
A human-plus-machine approach to analyzing and monitoring major events can help clear today’s fog of war—and potentially prepare for future crises.
An effective factor investing strategy should be both contextual, that is, able to take into account differences across business segments, and adaptable as markets change over time.