A Transparent, Rules-Based Approach to Help Clients Build Wealth
Voya Global Perspectives believes fundamentals drive markets and, paired with a rules-based investment discipline, may remove emotion from investing and avoid the folly of gaming diversification.
Using the Global Perspectives investment philosophy as a framework, a transparent rules-based approach is applied consistently to help clients build wealth.
“Gaming diversification” — reactively chasing returns based on short-term fads or abandoning assets that underperform — tends to expose investors to unintended risks and leads to disappointing results.
Global Perspectives uses a disciplined allocation signal to emphasize downside protection by employing a defensive positioning when negative year-over-year earnings growth is observed. Following the signal allows the portfolio to adapt to fundamental market drivers while avoiding timing errors and high transaction costs of frequent trading.
Fundamentals Drive Markets
Earnings growth of the S&P 500 is a key indicator of health for the overall stock market


May form a stronger foundation for investment success

May enhance returns, reduce risks and lower trading costs

For the times when a defensive posture is more prudent than "stay the course"
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Global Perspectives Market Models (GPMM) – Mutual Fund Series
There are four distinct Global Perspectives Market Models (GPMM) in the Mutual Fund Series: Global Aggressive Growth, Global Moderate Growth, Global Conservative Growth, and Income. Each model is comprised of 10 distinct mutual funds and follows a transparent rules-based approach to help clients build wealth with adjustments to the equity/fixed income allocation to match your risk tolerance. When positive year-over-year earnings growth is observed, base positioning is employed and when negative year-over-year earnings growth is observed, defensive positioning is employed.

Global Perspectives Market Models (GPMM) – ETF Series
There are four distinct Global Perspectives Market Models (GPMM) in the ETF Series: Global Aggressive Growth ETF, Global Moderate Growth ETF, Global Conservative Growth ETF, and Income ETF. Each model is comprised of 10 distinct ETFs and follows a rules-based, disciplined approach to manage market volatility and investor behavior. When positive year-over-year earnings growth is observed, base positioning is employed and when negative year-over-year earnings growth is observed, defensive positioning is employed.

Global Perspectives Mutual Fund
The Voya Global Perspectives Fund invests in 10 broadly diversified funds and follows a transparent rules-based approach to help clients build wealth, including a disciplined allocation signal. When positive year-over-year earnings growth is observed, base positioning is employed and when negative year-over-year earnings growth is observed, defensive positioning is employed.

Global Perspectives Portfolio
The Voya Global Perspectives Fund invests in 10 broadly diversified funds and follows a transparent rules-based approach to help clients build wealth, including a disciplined allocation signal. When positive year-over-year earnings growth is observed, base positioning is employed and when negative year-over-year earnings growth is observed, defensive positioning is employed.

Global Perspectives Market Models (GPMM) – ESG Series
There are four distinct Global Perspectives Market Models (GPMM) in the ESG Series: Global Aggressive Growth, Global Moderate Growth, Global Conservative Growth, and Income. Each model is comprised of distinct ETFs and follows a rules-based, disciplined approach to manage market volatility and investor behavior. When positive year-over-year earnings growth is observed, base positioning is employed and when negative year-over-year earnings growth is observed, defensive positioning is employed.

Global Perspectives ESG Blog
ESG Investing Approach

Environmental, Social and Governance
Our mission is to help our clients meet their investment objectives and enable them to invest across a spectrum of returns, risk and ESG objectives.
Voya ESG Insights

Portfolio Manager

Lanyon Blair, CFA, CAIA
Senior Vice President, Head of Manager Research and Selection
Lanyon Blair is a Head of Manager Research and Selection for Multi-Asset Strategies and Solutions (MASS) at Voya Investment Management. He is responsible for manager research and selection activities across equity, fixed income, real estate and commodities asset classes for all of the MASS group’s multi-manager products, including risk-based, target date, portable alpha and other asset class fund of funds solutions. Prior to joining Voya, he was an investment analyst at Wells Fargo, focusing on research and due diligence of equity, real estate and multi-asset managers. Prior to that, he was a research analyst with Fidelity Investments covering equity and real estate managers for Fidelity’s retirement platform. Lanyon began his career as a consultant with FactSet Research Systems, where he worked closely with equity, fixed income and real estate research teams. Lanyon earned an MA in economics from American University and BA degrees in economics and criminal justice from Indiana University. He is a CFA® Charterholder and a Chartered Alternative Investment Analyst®.

Douglas Coté, CFA
Head of Global Perspectives Strategies
Douglas (“Doug”) Coté is the Head of Global Perspectives and founder of the Voya Global Perspectives Funds and managed portfolios, a group of global tactical asset allocation strategies. Drawing upon many years of active money management experience as a portfolio manager and hedge fund chief investment officer, Doug delivers hands-on interpretations of the forces driving capital markets and effective ways to respond. Prior to founding Global Perspectives, Doug was a portfolio manager with Voya’s predecessor firm. Doug has been featured on Bloomberg TV, CNBC and his market views have been widely published in print media. In addition, he has been published in the International Journal of Managerial Finance, coining the term “Honest EPS” as a way of distinguishing between high quality and poor-quality stocks. Doug earned an MBA from the University of Hartford and a BS in business administration from the University of Rhode Island. He is a CFA® Charterholder.

Barbara Reinhard, CFA
Managing Director, Head of Asset Allocation
Barbara Reinhard is the head of asset allocation for Multi-Asset Strategies and Solutions (MASS) at Voya Investment Management, responsible for strategic and tactical asset allocation decisions for the team’s multi-asset strategies. Prior to joining Voya, Barbara was the chief investment officer for Credit Suisse Private Bank in the Americas where she managed discretionary multi-asset portfolios and was a member of the global asset allocation and the pension investment committees. Prior to that, Barbara worked at Morgan Stanley, first in the fixed income division and later became the deputy chief investment strategist for the global wealth management division. Barbara earned a BA in economics from Trinity College and is a CFA® Charterholder.
Contact Us
Have a question? Send our Global Perspectives team an email.
Doug Cote is retiring on 06/30/23; as of 05/01/23, Barbara Reinhard and Lanyon Blair will assume responsibility of the Global Perspectives Program.
The S&P Target Risk Moderate Index is an unmanaged index that measures the performance of a hypothetical, multi-asset portfolio designed to provide significant exposure to fixed income, while also providing increased opportunity for capital growth through equities.
The S&P Target Risk Aggressive Index concentrates on exposure to equities to benefit from opportunities for long-term capital accumulation. To enhance portfolio efficiency, it may include small allocations to fixed income.
The S&P Target Risk Conservative Index emphasizes exposure to fixed income to maintain a consistent income stream and manage volatility.
The Bloomberg Barclays Global Aggregate Index measures global investment grade debt from twenty-four local currency markets including treasury, government-related, corporate and securitized fixed-rate bonds from both developed and emerging markets issuers.
Indices do not reflect fees, brokerage commissions, taxes or other expenses of investing. Investors cannot invest directly in an index.
Principal Risks: All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield. Asset Allocation: The success of the Fund’s strategy depends on the Adviser’s or Sub-Adviser’s skill in allocating Fund assets between the asset classes and in choosing investments within those categories. There is a risk that the Fund may allocate assets to an asset class that underperforms other asset classes. Investment Model: The Fund or certain underlying funds invest based on a proprietary model managed by the manager. The manager’s proprietary model may not adequately address existing or unforeseen market factors or the interplay between such factors. Other Investment Companies: The main risk of investing in other investment companies, including exchange-traded funds, is the risk that the value of the securities underlying an investment company might decrease. Because the Fund or an underlying fund may invest in other investment companies, you will pay a proportionate share of the expenses of those other investment companies (including management fees, administration fees, and custodial fees) in addition to the expenses of the Fund and a proportionate share of the expenses of each underlying fund. Interest Rate: With bonds and other fixed rate debt instruments, a rise in interest rates generally causes values to fall; conversely, values generally rise as interest rates fall. The higher the credit quality of the instrument, and the longer its maturity or duration, the more sensitive it is likely to be to interest rate risk. Foreign Investments / Developing and Emerging Markets: Investing in foreign (non-U.S.) securities may result in the Fund or the underlying funds experiencing more rapid and extreme changes in value than a fund that invests exclusively in securities of U.S. companies due to smaller markets different reporting, accounting and auditing standards; nationalization, expropriation, or confiscatory taxation; foreign currency fluctuations, currency blockage or replacement; potential for default on sovereign debt; or political changes or diplomatic developments.
Other risks of the Fund include but are not limited to Credit, High-Yield Securities Investments, Call, Company, Currency, Liquidity, Market, Market Capitalization, Real Estate Companies and Real Estate Investment Trusts, U.S. Government Securities and Obligations. An investment in the Fund is not a bank deposit and is not insured by the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other government agency.
The strategy employs a quantitative model to execute the strategy. Data imprecision, software or other technology malfunctions, programming inaccuracies and similar circumstances may impair the performance of these systems, which may negatively affect performance. Furthermore, there can be no assurance that the quantitative models used in managing the strategy will perform as anticipated or enable the strategy to achieve its objective.
The Fund discussed may be available to you as part of your employer sponsored retirement plan. There may be additional plan level fees resulting in personal performance to vary from stated performance. Please call your benefits office for more information.
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