Innovest Investments launched

The former Chairman of Colombo Stock Exchange (CSE) and Finance Commission, Ajit de S. Jayaratne, Business Leader Dian Gomes and Oxford-educated Wealth Manager, Arosha Gunasekera launched Innovest Investments (Pvt) Ltd., an innovative investment management company offering expert services to both institutional and individual clients looking to invest in the Stock Market as well as Fixed Incomes Securities such as Corporate Bonds and Treasury Bills.

The company will offer investment management services carried out by a skilled and accomplished team utilising state-of-the-art analysis software, have identified certain undervalued stocks with high growth potential as well as the most profitable fixed income options available. Innovest seeks to insulate client portfolios from significant losses by transferring funds to Fixed Income Securities when prolonged adverse equity market conditions are anticipated.

Innovest will fully manage client portfolios for a stipulated duration with all investment decisions taken in consultation with the Investment Committee guided by Ajit Jayaratne.

With a corporate culture that revolves around ethical principles, Innovest will be employing an equitable service strategy with a strong emphasis on performance-based commission as opposed to a per transaction basis which generates commission regardless of the accuracy of the advice given. Innovest considers it a core principle to serve all clients with equal respect regardless of investment capacity to maintain service quality, all clients will be met by the CEO who will explain the services offered. Client portfolios are then customised in accordance with the client's risk appetite and belief systems and then managed by Innovest.

Innovest accepts new investments and also facilitates the transfer of existing portfolios at no additional cost. The Investments will at all times remain under the name of the client, with HSBC acting as the custodian of the funds, while being actively managed by Innovest over the stipulated contract period. The company implements a rigorous portfolio monitoring and risk management process ensuring that all investments are made in a systematic and responsible manner.