We understand that investors have different tolerances for risk, so we offer a bespoke service to help you create a portfolio that fits your investment needs.
Our flexible approach and demonstrable track record have given clients the conviction to entrust us with assets exceeding €30 billion in multi-asset portfolios.
First, we need to understand your requirements.
We focus on what you expect from us and consider factors including ease of withdrawal, time, and risk tolerance. Then, our highly experienced team will consider how we can fulfil your needs. They will look at a range of different investment assets, risk exposures, and investment styles to provide a solution that is tailored to you.
We use our own proprietary models to analyse investment opportunities. This bespoke approach sets us apart from our competitors and lets us offer a tailored service that is focused on you.
Our portfolio modelling framework features four key elements, each of which aids in designing client portfolios. These features are supported by our proprietary multi-asset modelling tool.
Our Portfolio Solutions team carries out in-depth analysis to identify any factors that might impact the portfolio’s performance and risk level.
We can also help you integrate alternative investment strategies into your portfolio. These could include (but are not limited to) overlay strategies, active strategies, dynamic asset allocation strategies, and life-styling strategies.
Here are some examples of the services we provide:
When designing our portfolio solutions framework, we sought to address a number of key aspects that we felt significantly impacted performance.
These include modelling for extreme events, allowing for the changing volatilities and correlations of asset classes through different economic periods, and allowing for tactical positioning as per client demand.
- Modelling extreme events: Instead of making assumptions about future portfolio performance, we use a method called 'statistical bootstrapping' to model returns. This involves including a random sample of variability in annual portfolio returns to more closely represent real life, and lets us assign a more realistic probability to extreme events that might impact the portfolio. It ensures that the portfolio’s design is more appropriate for its real-life environment.
- Serial correlation of returns: Asset returns tend to exhibit serial correlation. Basically, this means that if the previous month’s returns were positive, it is more likely that the current month’s returns will also be positive. Usually, simulations of portfolio performance assume that asset returns are not related to each other, but this does not really reflect real life. To address this, we allow for the serial correlation of asset returns in our model, and thus ensure that the analysis is more representative of the real world.
- Changing correlations: Over time, differing market conditions change the relationships between assets. Normal simulation models assume that these relationships are constant through time. But, by sampling from history, our model allows these relationships to change as much as they have done in the past.
Key Contacts
Darragh is Head of ILIM’s Multi-Asset Solutions Team. He is responsible for the overall design and management of Irish Life’s MAPS, Ireland’s fastest growing retail multi-asset solution. Darragh and his team are also responsible for helping our clients, across all distribution platforms, design portfolios congruent with their specific objectives and constraints.
Darragh joined ILIM in 2007 as a Quantitative Analyst within the Quantitative Strategies Group and in 2016 was made Head of Portfolio Solutions. Darragh has lectured at UCD Michael Smurfit Graduate Business School on the MSc Finance, MSc Quantitative Finance and MSc Aviation Finance curricula and prior to joining ILIM, worked as a research assistant and lectured various courses at UCD School of Business including Corporate Finance, Econometrics, and Financial Modelling.
Darragh earned a Bachelor of Commerce (BComm) from University College Dublin in 2000, a master’s degree in Quantitative Finance from UCD Michael Smurfit Graduate Business School in 2002, and a master’s degree in Statistics (MSc) from UCD in 2013 and he holds both the Chartered Financial Analyst (CFA) and Chartered Alternative Investment Analyst (CAIA) designations.
Brian joined ILIM in 2012 and is a Senior Portfolio Manager in the Portfolio Solutions team. He is responsible for the development and management of multi-asset solutions, portfolio modelling and product research and design.
Brian previously worked on ILIM’s Indexation team, where he was responsible for managing a range of equity, fixed income and fx hedged indexed funds.
Prior to joining ILIM in 2012, Brian spent three years as an investment analyst with Johnson & Johnson where he was responsible for the management of Johnson & Johnson’s money market investments.
Brian has an MSc in Business Analytics from UCD Smurfit Business School, a B.A. Honours degree in Business & Economics from Trinity College Dublin and is a CFA charterholder.
Jack joined ILIM in 2018 and is a quantitative portfolio manager within the Quantitative Strategies Group.
Prior to joining ILIM, Jack worked for RPMI Railpen in London where he was responsible for strategic asset allocation and investment modelling across a range of multi-asset funds.
Jack holds a BA Economics from Trinity College Dublin and an MSc Finance from Warwick Business School. He is a CFA charterholder.
Leonie Mac Cann is Head of Client Investment Solutions, within the Multi Asset Solutions Team. She is responsible for working with clients, across multiple distribution platforms, to help design and manage multi asset portfolios in line with their specific objectives and constraints.
Leonie joined ILIM in 2020 and has over 10 years of investment experience. Prior to joining ILIM, Leonie worked for IBM in their in-house asset management team covering the non-US pension plans. This covered strategic asset allocation, manager selection and portfolio management of a number of pension plans and in-house funds. Before this Leonie worked with Davy in their Private Clients business and spent a number of years as an investment consultant with Willis Towers Watson.
Leonie earned a B.A. Honours degree from Trinity College Dublin in Economics and Philosophy, a Masters in Finance from Bayes Business School, London, and is a CFA charterholder.
How can we help?
Irish Life Investment Managers (ILIM) is the appointed asset manager to Irish Life Group Limited. ILIM is committed to innovating and leading the market with best in class investment solutions designed to meet the specific investment needs of our clients. Call us at: +353-1-704 1200 or email info@ilim.com.