Former Chairman of the 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 Income Securities such as Corporate Bonds and Treasury Bills.
The company will offer clients investment management services carried out by a highly skilled and accomplished team who, utilizing 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 Mr. 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.
In order to maintain service quality, all clients will be met by the CEO who will explain the services offered in an elaborate manner. Client portfolios are then customized 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. The company aims to act in the best interest of their clients at all times, with the highest regard for the fiduciary responsibilities involved, while pursuing the highest possible returns on behalf of them.
Innovest hopes to provide a personalized and genial service based on strictly principled business practices. Innovest recently launched their website, www.innovest.lk and can be reached on (011) 2 67 67 55. The company is a registered Market Intermediary with the Capital Markets Regulator, the Securities and Exchange Commission (SEC) of Sri Lanka.