Wade is a principal of Milliman and established Milliman’s Australian practice in 2005. Wade leads Milliman’s retirement and risk management initiatives across the Asia-Pacific region. With over 20 years experience, Wade has established a position as a global thought leader on the topics of retirement and risk management. Wade’s work has traversed all facets of the retirement problem, from understanding the motivations and lifestyles of retirees to the assessment and development of investment strategies and product solutions designed to deliver improved retirement outcomes.
Milliman
A global leader in financial risk management for the retirement savings industry, Milliman combines market insights and rigorous methodology with real-life expertise.
ABOUT MILLIMAN
An independent firm with offices in major cities around the globe, Milliman has been providing actuarial and related services to life insurance companies since 1947 – and pioneering institutional risk management strategies for almost 20 years.
Drawing on the expertise of trade, risk and finance experts, data specialists and actuarial professionals, Milliman has created innovative solutions to protect retirement assets from unexpected market volatility, lowering total risk and producing portfolios with greater long-term capital growth.
Proven track record
Strategies refined through several market cycles
A trusted name
Provides investment advisory, hedging and consulting services on USD $153 billion in global assets
Investment approach
The Milliman Managed Risk StrategyTM aims to stabilise the volatility of an investment portfolio during periods of significant and sustained market declines, providing investors with the same risk management techniques used by major financial institutions around the world.
The Milliman Managed Risk Funds investment philosophy is defined by four core beliefs:
- Investment solutions, particularly for retirees and those approaching retirement, must consider individual circumstances and human behaviour in their design.
- Investors require exposure to growth assets such as equities to fund long-term goals.
- Diversification alone is not an explicit risk management strategy – as highlighted by recent market crises.
- Risk management should be explicit and implemented in a robust, transparent and cost-effective manner that isn’t reliant on discretionary bets.
FUNDS
Managed Risk |
Milliman Managed Risk Australian Share Fund - Class A An Australian share fund designed to reduce overall portfolio volatility, weather the impact of market downturns and foster growth in bull markets. |
Milliman Managed Risk Global Share Fund - Class A A global share fund designed to reduce overall portfolio volatility, weather the impact of market downturns and foster growth in bull markets. |
Milliman Managed Risk Multi-Index High Growth Fund - Class A A multi-index fund exposed to a diversified portfolio of shares, property and infrastructure that is designed to reduce overall portfolio volatility, weather the impact of market downturns and foster growth in bull markets. |
Wade Matterson, FIAA
Practice Leader, Australia
Michael Armitage
Head of Fund Advisory Services, Sydney
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Michael is Director, Investment Services and is responsible for working with clients to design and develop specialised risk management overlays. Michael has over 25 years experience in capital markets and the alternative investment industry including over 15 years as a portfolio manager within derivatives strategy development and trading at banks and asset managers in the US and UK. In Australia, Michael was formerly Director of managed fund research and ratings for S&P Capital IQ.
Victor Huang
Head of Asia-Pacific Trading, Sydney
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Victor is a principal of Milliman and leads the Asia-Pacific capital markets group. Victor is the lead portfolio manager providing investment advisory and execution services for funds in Australia. He has over 10 years experience and has assisted some of the largest financial institutions across the world design and implement risk management solutions to weather volatile financial markets. Since 2011, Victor has focused on applying these techniques to deliver innovative, robust and efficient investment strategies direct to investors. Prior to joining Milliman, Victor was an interest rate derivatives trader for nabCapital.
Victor is a Fellow of the Actuaries Institute.
Ram Kelkar, CFA
PRINCIPAL, MANAGING DIRECTOR, FINANCIAL RISK MANAGEMENT, CAPITAL MARKETS CHICAGO
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Ram is a principal of Milliman and leads the Capital Markets Group of Milliman Financial Risk Management LLC (FRM) managing Milliman’s trading desks in Sydney, London and Chicago. Ram has more than 30 years of experience in capital markets, having previously worked for Citigroup, Merrill Lynch and Allstate. He was a director of ALM and derivatives strategy at Allstate Insurance and a managing director at Merrill Lynch in the Strategic Solutions group. He was a managing director in the structured finance and derivatives areas at Citigroup in New York and London.
Ram is a CFA Charterholder.
NEIL DISSANAYAKE, FIA, FRM
DIRECTOR OF EUROPEAN TRADING, LONDON
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Neil is a principal of Milliman and leads the European trading desk for Milliman and is responsible for delivering large-scale hedge programs for multi-national clients and providing investment advisory and execution services for funds. He has been with Milliman for over 11 years helping clients across the world design and implement risk management solutions.
Neil is a Fellow of the Institute of Actuaries and a Certified Financial Risk Manager.