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IDE Group

IDE · LSE Financial Services
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Ticker IDE
Exchange LSE
Sector Financial Services
Industry Asset Management
Employees 501-1000

Business description

Voya Investment Management LLC has launched a closed-ended equity mutual fund, the Voya Infrastructure, Industrials and Materials Fund, which is co-managed by Voya Investments, LLC and Voya Investment Management Co. LLC. The fund aims to invest in public equity markets worldwide, focusing on infrastructure, industrials, and materials sectors by primarily investing in value stocks. Additionally, the fund invests in derivative securities with similar equity characteristics, like call options on chosen indices and/or exchange-traded funds. It uses a bottom-up stock picking approach, with a focus on growth prospects, resilient earnings potential, disciplined capital allocation management, and a strong competitive position, to create its portfolio. The fund benchmarks its portfolio performance against the MSCI All Country World Index. Previously known as ING Infrastructure, Industrials, and Materials Fund, it was established on January 26, 2010, and is situated in the United States.

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Company facts
TickerIDE
ExchangeLSE
Industry Asset Management
Employees501-1000