RETURNS MATTER, BUT BEHAVIOUR MATTERS MORE
Innova believe in constructing portfolios that work with
investor behaviour, rather than against it.
Innova is a boutique risk focused portfolio manager that has been managing client portfolios since 2010. Innova was founded on the principles of providing robust and research-intensive insights to help investors meet their financial goals. The firm focuses on managing the multi-faceted nature of investment risk for clients. To achieve this, Innova has a built a proprietary risk management framework in conjunction with Milliman Group, one of the world’s largest actuarial and financial risk management firms.
OUR CORE BELIEFS
Returns matter, but behaviour matters more.
Diversify by underlying risk factor, not asset class
Price drives long-term returns
Diversify when it makes sense, not merely for the sake of it
Asset allocation is the most effective tool for managing risk
Build robust rather than optimal portfolios
Asset class risks are driven by their underlying risk factors
RISK DEFINED MANAGED PORTFOLIOS
Innova’s ‘Risk-Defined’ managed portfolios focus on ensuring that portfolio risk is managed within very specific limits. This is achieved through the application of Innova’s proprietary risk allocation process within a relatively unconstrained asset allocation framework. We use various risk measures as the benchmarks for these portfolios and then allow the asset allocation to vary according to the level of risk inherent in each asset class.
TRADITIONAL MANAGED PORTFOLIOS
Innova’s traditional portfolios utilise a Strategic Asset Allocation (SAA) framework in conjunction with Innova’s proprietary portfolio construction and investment selection process to deliver sustainable real returns over time. Whilst, the portfolios are designed with a ‘traditional’ advice framework in mind, they are still tightly controlled in terms of risk. Innova’s Traditional Portfolios are offered in five investment profiles across the risk/return spectrum – Conservative, Moderately Conservative, Balanced, Growth, and High Growth.
MEET THE TEAM
“Innova have been part of our business since the early 2000’s and we have been through every type of market cycle with them, including the GFC. Through the tough times, they have always stayed true to their core beliefs and helped manage risk in our clients portfolios.”
Dobbrick Financial Services
FROM OUR NEWS & INSIGHTS
Portfolio Insights June 2017 – It’s time to include risk measures alongside super investment returns
In this article written back in June 2017 Dan Miles discusses why it is time to include risk measures alongside super investment returns. The message of this article is still just as relevant today, many super funds are taking excessive amounts of risk in order to be amongst the strongest performing funds however it is investors who will ultimately pay the price when the next market downturn strikes.read more
In this article Sophie Temperton discusses why nothing has really changed in the financial services industry post the global financial crisis. People are still continuing to invest in the highest performing funds whilst largely ignoring risk and the industry as a whole still does a poor job of including risk measures alongside returns.read more
In this article Dan discusses the often large discrepancies between time weighted returns and money weighted returns and how this can lead to misleading reported performance results for investors.read more
If you would like to understand more about the benefits of partnering with Innova, please get in touch with us.