RETURNS MATTER, BUT BEHAVIOUR MATTERS MORE

Innova believe in constructing portfolios that work with

investor behaviour, rather than against it.

ABOUT US

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

OUR SOLUTIONS

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

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Dan Miles

Managing Director & Co-Chief Investment Officer

Dinyar Irani

Chairman & Co-Chief Investment Officer

Shane Wang

Investment Research Analyst

Young Yang

Quantitative Research Analyst

Sophie Temperton

General Manager

Doug Hope

Head of Distribution

Sam Chapman

Portfolio Administrator

Cameron Askarian

IT Administrator

“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.”

Ryan Dobbrick,

Dobbrick Financial Services

Learn More

FROM OUR NEWS & INSIGHTS

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by Dan Miles | Dec 12, 2018 | Portfolio Insights

Portfolio Insights December 18 – Best Interest Duty

In this article, Dan Miles discusses best interest duty and how lower fees are often being used by financial planners as a proxy for meeting this duty.

Portfolio Insights October 18 – Familiarity Bias

In this article we discuss familiarity bias, a type of mental shortcut that substitutes the correct answer with what’s familiar rather than what’s right. This can often lead to excessive risk and poor decision making and many portfolios betray the effect of familiarity bias in their construction.

Portfolio Insights July 17 – Dig deeper before diving in (Part 2)

Not all investment managers and consultants are the same. In this final installment of a two-part series, Innova’s Dan Miles considers the benefits – and risks – they bring to managed accounts.