Voya Investment Management continues enhancement of its Equities platform

Rhea-AI Summary

Voya Investment Management has announced key appointments to enhance its Equities platform, including the promotion of Vincent Costa to co-CIO and the addition of Eric Ross as a senior technology analyst. The restructuring includes a centralized research team, led by James Dorment and Kristy Finnegan as co-heads of fundamental research. Together, these changes aim to strengthen Voya's investment strategies and align with client demand, supporting the firm’s growth objectives.

Positive

• Appointment of Vincent Costa as co-CIO for Equities to enhance investment strategies.
• Hiring of Eric Ross as senior technology analyst, bringing 25 years of experience.
• Centralized research structure expected to optimize analyst talent and drive alpha.

Negative

• None.

New hires include a Growth portfolio manager and senior technology analyst

NEW YORK--(BUSINESS WIRE)-- Voya Investment Management (IM), the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today that it has taken several steps to strengthen and modernize its Equities platform, including the appointment of several current and new investment professionals to key roles on the team. The additions represent several investments that will bring together the best aspects of fundamental and quantitative investing to provide clients with the next generation of active equity products and solutions.

“Voya IM’s Equity strategies represent an important way in which we can deliver capabilities, ideas and solutions that will help our clients meet their long-term investment goals,” said Christine Hurtsellers, chief executive officer, Voya IM. “As the industry evolves, there is no better time to invest in, and modernize, our Equities platform to support our clients’ needs and our growth plans to ensure we are positioned for long-term success.”

Announced today:

Vincent Costa, CFA has been elevated to the role of co-chief investment officer for Equities, effective January 1, 2022. Costa currently heads the Quantitative Equity team and is a portfolio manager on Voya’s Large Cap Value strategy. He has been integral in forming the deep ties between Voya IM’s fundamental and quantitative teams, a defining characteristic of the firm’s Equities franchise that will be increasingly important in the years to come. As co-CIO, Costa will work closely with Michael Pytosh, who has been CIO of Equities since 2017 and head of Equities since 2010, and become increasingly involved in the oversight of Voya IM’s fundamental investment teams.

In addition, James Dorment, CFA and Kristy Finnegan, CFA will take on the roles of co-heads of fundamental research as the Equities platform moves to a centralized research structure for its Growth and Value teams. The new research structure ensures the best analyst talent is leveraged across Large and Mid-Cap strategies, optimizing sector and industry coverage to drive alpha. Both Dorment and Finnegan will retain their respective portfolio management responsibilities on Value and Growth strategies, respectively.

Eric Ross has joined Voya IM as a senior technology analyst and will lead the technology effort on the centralized research team. Ross joins Voya IM from Marsico Capital Management. With 25 years of experience covering the technology space, he adds significant depth to Voya Investment Management’s coverage of the sector.

Leigh Todd, CFA will join Voya IM in December 2021 as a senior portfolio manager on Voya IM’s Growth strategies. She joins Voya IM from Mellon, where she has worked for 20 years, most recently as a senior portfolio manager on their growth strategies. With the strong portfolio management and leadership skills she brings to the team, this hire is a testament to the investment Voya IM is making in its Growth franchise.

“We are excited to add complementary skills and perspectives to our strong and experienced team to drive our future performance and growth plans. By continuing to invest in our people and attract new talent, we are aligning resources and capabilities with client demand,” said Hurtsellers.

About Voya Investment Management

A leading, active asset management firm, Voya Investment Management manages, as of June 30, 2021, over $253 billion for affiliated and external institutions as well as individual investors. With more than 40 years of history in asset management, Voya Investment Management has the experience and resources to provide clients with investment solutions with an emphasis on Equities, fixed income, and multi-asset strategies and solutions. Voya Investment Management was named in 2015, 2016, 2017, 2018, 2019 and 2020 as a “Best Places to Work” by Pensions and Investments magazine. For more information, visit voyainvestments.com. Follow Voya Investment Management on Twitter @VoyaInvestments.

VOYA-IM

View source version on businesswire.com: https://www.businesswire.com/news/home/20211101005608/en/

Media:

Kris Kagel

(201) 221-6534

Kristopher.Kagel@voya.com

Source: Voya Financial, Inc.

FAQ

What changes has Voya made to its Equities platform recently?

Voya Investment Management has appointed several new investment professionals, including Vincent Costa as co-CIO and Eric Ross as a senior technology analyst, to strengthen its Equities platform.

Who has been appointed as co-CIO of Voya's Equities team?

Vincent Costa has been elevated to the role of co-chief investment officer for Equities, effective January 1, 2022.

What is the significance of the centralized research structure at Voya?

The centralized research structure aims to leverage the best analyst talent across Growth and Value teams to optimize coverage and drive alpha.

What is Voya Investment Management's asset management capability?

As of June 30, 2021, Voya Investment Management manages over $253 billion for various clients, including institutional and individual investors.