Earlier this month it was announced that Ryan had left Ryan Labs to pursue other ventures (see Ryan Departs Ryan Labs ) – and last week he unveiled his new focus – Ryan ALM, Inc., a firm designed as an asset/liability manager, to provide turnkey investment management solutions to liability driven objectives, including pensions, medical, and insurance.
“Ryan Labs was mainly a research think tank. I designed the firm as a financial lab where we tried to solve financial problems. Through time, we evolved into an asset management firm. In 1991, I designed the first liability index system after two years of development. Under my architecture, we became a leader in custom liability indexes. It became increasingly obvious through time that asset/liability management is the future of the investment industry,” Ryan notes.
The new firm’s product line includes:
- Custom objective indexes,
- Enhanced bond index funds for generic indexes,
- Liability Index Funds Enhanced (LIFE),
- Liability hedge funds (PALS and PAARS).
Ryan notes that the products link as a synergistic system that initially buys time (through a liability index fund matching strategy) while the deficit is being erased.
Ryan draws a comparison to his role at the new firm to that of Bill Gates’ role at Microsoft, where he will assume the role of chief financial architect, and will not carry any administrative duties or dilutions. “This will leave me dedicated to portfolio management and client relations which has been the core and most enjoyable part of my 38-year financial career,” according to Ryan.
In addition to Ryan, the new firm’s management team includes President Bob Ohanesian, who was previously CEO of Harbor Capital Management; Marketing Director Nick Kinney, previously director of sales, Fortis Asset Management; Financial Strategist Sheldon Krieger, who was previously president, GPH Fund and Lake Capital (and who was in the 1980s a co-founder of the Ryan Financial Strategy Group); and Martha Monteagudo, who will be product development director, and who was most recently head of product development for Ryan Labs.
Ryan ALM will have offices in New York City and Palm Beach, . The future online home of Ryan ALM will be at http://www.ryanalm.com/