Research

Following the bond market’s recent beating, term yields have already priced in aggressive Fed rate hikes, positioning core bonds to effectively diversify credit risk.

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.

Strong funded ratios and higher interest rates are prompting many corporate pension plan sponsors to shift assets to LDI strategies. If you’re still waiting, consider a hedging portfolio built on public corporate credit, complemented with non-traditional hedging assets.

January 1, 2022 marked a significant milestone in the transition from LIBOR to alternative reference rates. 

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.

A research framework to help investors understand how securitized credit fits into a broader investment portfolio. 

In the drive for ESG investing, a gap has arisen between corporate bond and securitization markets. We see this as an opportunity to blaze new trails and influence better outcomes for investors, the environment and society.

In the wake of Russia’s invasion, social factors such as energy supply security, consumer protection and responsible sourcing demonstrate the importance of an inclusionary ESG approach.

Russia’s energy tentacles, intertwined throughout Europe’s power network, may prove difficult to excise.

A new form of financing – commercial property assessed clean energy (CPACE) – to help property owners reduce energy consumption is gaining momentum, offering investors potentially attractive yields and aligning with ESG interests.