VOYA FINANCIAL


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High School Teams Crowned Best in America in CEE’s Nationwide Personal Finance Competition

Retrieved on: 
Tuesday, June 6, 2023

At the Council for Economic Education’s National Personal Finance Challenge (NPFC) finals, state championship high school teams from across the United States demonstrated their understanding of the building blocks of personal finance needed to help themselves and all students build a life of financial stability and economic mobility.

Key Points: 
  • At the Council for Economic Education’s National Personal Finance Challenge (NPFC) finals, state championship high school teams from across the United States demonstrated their understanding of the building blocks of personal finance needed to help themselves and all students build a life of financial stability and economic mobility.
  • Following a series of statewide and national academic competitions, students from Adrian Wilcox High School of Santa Clara, California, finished first in the country for personal finance knowledge.
  • Teams from Vestavia Hills High School of Alabama, the Arkansas School for Mathematics, Sciences, and the Arts from Hot Springs, and Andover High School of Kansas earned recognition as first, second and third runners-up.
  • “Understanding the basics of personal finance unlocks a wealth of opportunities for life,” said Nan.

Voya Investment Management to host a webcast for the Voya Global Advantage and Premium Opportunity Fund; Voya Global Equity Dividend and Premium Opportunity Fund; and Voya Infrastructure, Industrials and Materials Fund.

Retrieved on: 
Wednesday, May 31, 2023

Voya Investment Management, the asset management business of Voya Financial, Inc., will host a webcast for the Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA), Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD), and Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) on Monday, June 12, 2023 from 4:30 p.m. – 5:00 p.m.

Key Points: 
  • Voya Investment Management, the asset management business of Voya Financial, Inc., will host a webcast for the Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA), Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD), and Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) on Monday, June 12, 2023 from 4:30 p.m. – 5:00 p.m.
  • Montminy is a Portfolio Manager on the global quantitative equity team helping oversee the equity strategies in Voya closed-end funds.
  • The conference call will provide an overview of the funds’ investment process, performance, and current market.
  • A replay will be made available on our website for those who cannot attend.

New Voya behavioral finance research finds employers can boost ‘default escalators’ in 401(k) plans without decreasing participation

Retrieved on: 
Thursday, May 18, 2023

Voya Financial, Inc. (NYSE: VOYA), is sharing findings from a new field study conducted through the Voya Behavioral Finance Institute for Innovation focusing on finding the optimal retirement plan design settings for automatic escalation.

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), is sharing findings from a new field study conducted through the Voya Behavioral Finance Institute for Innovation focusing on finding the optimal retirement plan design settings for automatic escalation.
  • “These powerful tools have improved retirement outcomes2 and helped close longstanding gaps in retirement plan participation; importantly, these gaps have been closed across gender, race, ethnicity and income.
  • So the question remains for employers of what happens if they increase the escalator from 1% to 2%?
  • Dr. Benartzi was previously a paid consultant to Voya Services Company, a wholly owned subsidiary of Voya Financial.

Voya Equity Closed End Fund Declares Distribution

Retrieved on: 
Monday, May 15, 2023

Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the monthly distribution on the common shares of one of its closed-end funds.

Key Points: 
  • Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the monthly distribution on the common shares of one of its closed-end funds.
  • With respect to the Fund, the distribution will be paid on June 15, 2023, to shareholders of record on June 2, 2023.
  • The distribution per share for the Fund is as follows:
    Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD)
    IGD intends to make regular monthly distributions based on the past and projected performance of the Fund.
  • There can be no assurance that a Fund will be able to declare a distribution in each period.

POMONA INVESTMENT FUND SURPASSES $1 BILLION IN ASSETS UNDER MANAGEMENT

Retrieved on: 
Tuesday, May 9, 2023

Pomona Capital, a global private equity firm specializing in secondaries investing, announced that its registered product offering, Pomona Investment Fund (“PIF” or the “Fund”), achieved a significant milestone with assets under management surpassing $1 billion.

Key Points: 
  • Pomona Capital, a global private equity firm specializing in secondaries investing, announced that its registered product offering, Pomona Investment Fund (“PIF” or the “Fund”), achieved a significant milestone with assets under management surpassing $1 billion.
  • “This is a great achievement for Pomona and PIF,” said Christine Hurtsellers, chief executive officer, Voya Investment Management.
  • Represents net 5-year annualized return for Pomona Investment Fund’s Class A Share as of December 31, 2022.
  • Investment return and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost.

Voya Financial announces first-quarter 2023 results

Retrieved on: 
Tuesday, May 2, 2023

Voya Financial, Inc. (NYSE: VOYA), announced today first-quarter 2023 financial results:

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), announced today first-quarter 2023 financial results:
    Net income available to common shareholders of $0.63 per diluted share.
  • As of March 31, 2023, Voya had approximately $0.5 billion of excess capital, reflecting capital generation of over 90% of adjusted operating earnings for the trailing twelve months ended March 31, 2023.
  • Voya announced today that its board of directors has extended the expiration of its most recent share repurchase authorization from June 30, 2023 to Sept. 30, 2023.
  • In addition, Voya will host a conference call on Wednesday, May 3, 2023, at 10 a.m.

Barbara Reinhard, CFA, named chief investment officer for Voya Investment Management’s Multi Asset Strategies and Solutions platform

Retrieved on: 
Tuesday, May 2, 2023

Voya Investment Management (Voya IM), the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today that Barbara Reinhard, CFA, has been named chief investment officer and head of Asset Allocation for Voya IM’s Multi Asset Strategies and Solutions (MASS) platform, effective Nov. 1, 2023.

Key Points: 
  • Voya Investment Management (Voya IM), the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today that Barbara Reinhard, CFA, has been named chief investment officer and head of Asset Allocation for Voya IM’s Multi Asset Strategies and Solutions (MASS) platform, effective Nov. 1, 2023.
  • Reinhard will report to Matt Toms, global chief investment officer, Voya IM.
  • “Barbara is a seasoned investment professional with 30 years of investment experience.
  • Prior to joining Voya IM, Reinhard was a managing director and chief investment officer in Credit Suisse's private banking division.

Voya Financial declares common and preferred stock dividends

Retrieved on: 
Thursday, April 27, 2023

Voya Financial, Inc. (NYSE: VOYA), announced today that its board of directors has declared a common stock dividend of $0.20 per share for the second quarter of 2023.

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), announced today that its board of directors has declared a common stock dividend of $0.20 per share for the second quarter of 2023.
  • The second-quarter 2023 common stock dividend is payable on June 28, 2023 to shareholders of record as of May 26, 2023.
  • Voya also announced today that its board of directors has declared a quarterly dividend of $13.3750 per share on the company’s Series B 5.35% fixed-rate reset non-cumulative preferred stock (the “Series B Preferred Stock”), equivalent to $0.334375 per depositary share, each of which represents a 1/40th ownership interest in a share of Series B Preferred Stock.
  • The second-quarter 2023 Series B preferred stock dividend is payable on June 15, 2023 to shareholders of record as of May 26, 2023.

EASTERSEALS RELEASES NEW REPORT: STATE OF DISABILITY EQUITY AND ACCESS

Retrieved on: 
Wednesday, April 26, 2023

WASHINGTON, April 26, 2023 /PRNewswire/ -- Easterseals today released findings of a new report, State of Disability Equity and Access, that examines current research on equity, inclusion, and access for the 61+ million individuals in the United States with disabilities in key social determinants of health including employment, transportation, healthcare, and education. 

Key Points: 
  • Kendra E. Davenport, president and CEO, Easterseals, said, "This report serves as a benchmark to measure future progress in achieving civil rights for the disability community.
  • Employment: Bolster public and private sector commitments to provide disability employment opportunities and to fully embrace Diversity, Equity, Inclusion and Access initiatives.
  • "No conversation about disability equity and access is complete without addressing stigma."
  • "We are honored to collaborate with Easterseals and the disability community on this comprehensive report to advance innovative approaches and achieve disability equity in education, employment, healthcare, transportation and more," said Katherine Perez, executive director, The Coehlo Center for Disability Law, Policy and Innovation.

New Voya research uncovers how different employee communities think, feel and act when it comes to saving for retirement

Retrieved on: 
Tuesday, April 25, 2023

Among many findings, Voya’s research found employers who implement inclusion best practices within their workplace retirement plan can see positive savings results that have a meaningful impact on underserved employee populations.

Key Points: 
  • Among many findings, Voya’s research found employers who implement inclusion best practices within their workplace retirement plan can see positive savings results that have a meaningful impact on underserved employee populations.
  • The research focuses on key areas such as retirement plan participation, savings behaviors, and overall engagement in the plan.
  • “At Voya, we have a clear purpose: Together we fight for everyone’s opportunity for a better financial future.
  • For more information, and to view more detailed findings of Voya’s research, please visit the Voya Perspectives Paper – Financial Equity in the Workplace .