Meet the Team

WaveStone Capital’s principal investment team have experienced events such as the tech bubble, September 11, 2001 and the Global Financial Crisis. We have managed multi-product and multi‑billion dollar funds in both wholesale and retail markets with distinction, throughout a range of market conditions and cycles. Together, we have a passion for following our investment process and delivering for our clients.

Fidante, an equity owner in WaveStone, provides important administrative and distribution support, leaving us free to concentrate on what really matters – investing and managing assets.

Raaz Bhuyan

Director and Portfolio Manager

Ryan Martyn

Portfolio Manager

Anthony Tan

Portfolio Manager

Kirsty Mackay-Fisher

Deputy Portfolio Manager

Luke Nelson

Senior Investment Analyst

Victor Yan

Investment Analyst

Nicholas Rozenbergs

Dealer

Komal Jalan

Senior ESG Analyst

Tim Koroknay

Chief Operating Officer

Who We Are

WaveStone Capital is an Australian equities investment manager based in Sydney. Founded in 2006 by Catherine Allfrey, Ian Harding and Graeme Burke, WaveStone welcomed Raaz Bhuyan as a Director in 2014, bringing more than 20 years’ experience primarily at CFS GAM. Succession planning over the years has resulted in the business transferring to the next generation of investors led by Raaz Bhuyan, with Portfolio Managers Ryan Martyn (2024) and Charles Story (2026) joining the established team of investment analysts who continue its long-standing track record in managing Australian equities. It manages over $5.5 billion in assets as at 30 June 2026.

Our corporate logo is a Plasmid – a circular, independent strand of DNA capable of self-replication. It represents our strong, autonomous approach to investing and our potential to achieve competitive, repeatable performance.

Our Partner

Fidante forms long term alliances with talented investment teams to support and grow specialist investment management businesses. By providing a broad range of integrated services to WaveStone Capital, Fidante frees up the WaveStone investment team to focus on what we do best; investing and managing assets.

Underpinning Fidante’s service offering is the organisational stability and strength offered by Fidante’s parent company, Challenger Limited (Challenger). Established in 1985, Challenger Limited is one of Australia’s Top 100 companies.