Voya Investment Management

Evergreen private equity is everywhere. But how well do you know what’s under the hood? Join Ian Scott, Principal at Pomona Capital, at the CAIS Alternative Investment Summit on October 14 to sharpen your due diligence on PE secondaries, evergreen portfolio construction, and manager selection. Add the session to your agenda, then visit Michael Perkins and Kyle Thompson at Booth #35 with your practice-focused questions. Details Topic: Beyond Traditional Markets: New Approaches to Private Markets & Diversification Date: October 14, 2026 Time: 2:45 PM-3:15 PM PT Location: Wilshire Ballroom—CAIS Talk #8 #CAIS #PrivateEquity #Alternatives #FinancialAdvisors #PESecondaries

The Fed’s rate hike got plenty of attention last week, but advisors were already looking past the headlines. At the Good Life Advisor Conference in Amelia Island, the conversation centered on where investors are being compensated for risk and how an unconstrained fixed income approach can help uncover opportunities as markets continue to shift. Thank you to everyone who joined Voya’s Brett Cornwell, CFA, for a thoughtful discussion and for sharing what’s top of mind for clients today. Drew Haley, CFA | Sam Wright

The Federal Reserve hiked rates for the first time in three years. The impulse is to ask what comes next. Another two hikes? Probably. More after that? Maybe. The better question is WHY is the Fed hiking now. Because there’s a difference between putting the screws on inflation and removing stimulus that’s no longer justified. In our view, this looks more like a recalibration that no longer needs the same level of policy support. The parts of the economy generating the most heat—artificial intelligence capex and energy disruption—are relatively insensitive to rate moves. That matters because it suggests this isn’t the start of an aggressive effort to rein in the economy. Higher yields may be an opportunity, not a warning. Read the latest Fixed Income Perspectives: Sean Banai, CFA

What happens when private-market enthusiasm collides with valuation discipline? That question came up repeatedly at CAIS Live New York. Across advisor conversations and panel discussions, topics ranged from evergreen private equity structures and AI-related concentration risk to the growing valuation gap between public and private markets. Together, they pointed to a common challenge: identifying opportunities while staying disciplined about risk. Thank you to everyone who took the time to connect with the Voya IM and Pomona Capital teams! We appreciated the thoughtful exchange of ideas and the opportunity to hear a range of perspectives from across the industry, including the insights that Pomona’s Michael Granoff shared alongside leaders from Hamilton Lane and HarbourVest Partners. #CAISLive #PrivateEquity #AlternativeInvestments #WealthManagement

AI companies say development needs to slow down. Freight costs are flashing inflation warnings. And the Fed’s blunt tool may miss the real bottlenecks. This week’s #3in3 with James Lydotes, CFA looks at three tipping points that are changing the trajectory: In #AI, safety and oversight have suddenly become mainstream topics. Top AI CEOs agree on the What. But can they agree on the How? Either way, AI demand isn’t slowing down any time soon. Transportation companies can offer a real-time window into inflation trends—and what we’re seeing is making us more cautious toward companies that will have a tougher time passing through higher input costs onto customers. The Fed raised rates to remove accommodation, but today’s inflation is driven more by physical bottlenecks than excess demand. 🎥 3 ideas. 3 minutes. Let’s flip the timer. Get more insights on equity markets: https://lnkd.in/gDChHC_Z

Market corrections are never comfortable. Even when you know they’re a normal part of investing, it’s hard to watch your account balance fall and do nothing. The challenge is that knowing when to sell is only one part of the decision. At some point, you have to choose when to get back in, and that’s much harder than it sounds. Our latest client-approved article, Market Corrections Are Inevitable. Changing Your Plan Isn't, looks at what past corrections can teach us about staying focused when markets are bumpy and uncertainty is high. Read now: https://lnkd.in/e4Ckgp4K #Investing #FinancialPlanning #MarketVolatility #InvestorEducation

Where is AI creating the biggest shifts across the economy? Our latest Grassroots® Market Monitor looks beyond the headlines at what’s happening on the ground: • AI & jobs: Employers increasingly want AI fluency and strong human skills. • Data centers: Demand is strong—but power and infrastructure are major constraints. • Cybersecurity: 83% of sources expect spending to increase over the next 12 months. • Consumers: Spending remains resilient, but increasingly selective. • Quantum computing: The race continues to solve the next generation of computing challenges. Take a closer look at the trends shaping markets and industries today. Read the latest insights from Grassroots® Research. #MarketInsights #InvestmentResearch #AI #DataCenters #Cybersecurity

We’re proud to congratulate Barbara M. Reinhard, CFA, Chief Investment Officer, Multi-Asset Strategies and Solutions, on being named one of Pensions & Investments’ 2026 Influential Women in Institutional Investing. This recognition reflects Barbara’s leadership, investment expertise and commitment to helping clients navigate complex markets. Her work continues to strengthen our industry and help create better retirement outcomes for Americans. Congratulations on this well-deserved honor, Barbara M. Reinhard, CFA. Read Barbara’s profile: https://lnkd.in/dDfFnvVZ #IWII26 #InstitutionalInvesting #Leadership #WomenInInvesting #InvestmentManagement #VoyaIM

Big goals begin with meaningful opportunities. Meet the 2026 Voya Scholars—five outstanding students moving their education and future careers forward. Each scholar will receive a $10,000 scholarship from Voya Foundation, along with access to career-readiness opportunities such as networking, mentorship, resume support and interview preparation. Through our partnership with @scholamerica, we're helping students build the skills, confidence and connections to take their next steps. Learn more about Voya Scholars: https://lnkd.in/ewydPdkB #VoyaScholars #VoyaDifference

Could small caps be setting up their next leg higher? James Lydotes, CFA kicks off the Fall season In this week’s #3in3: 🔎 Small caps may look expensive on the surface, but earnings strength and a recent pullback may be creating an attractive setup. ⚡ Energy has led the market this year, yet still offers attractive cash flow, shareholder returns, and valuation support. 🛡️ Defense companies are winning some of the biggest contracts in years, but the stocks have yet to catch up. Somethings got to give. 🎥 3 ideas. 3 minutes. Let’s flip the timer.