IOOF multi-manager suite gets ‘recommended’ rating
Research and ratings house, Lonsec Research has awarded IOOF’s IOOF MultiMix International Shares Trust a “recommended rating”.
The rating has been confirmed by IOOF chief investment officer, Steve Merlicek who said he believed it recognised the quality of the IOOF investment team and its ability to continue constructing superior multi-manager investment solutions.
He noted that the rating had seen the full suite of IOOF multi-manager funds rated as “recommended” by Lonsec.
IOOF describes the fund as an actively managed multi-manager fund, providing exposure to a selection of global equity managers chosen for their different, yet complementary investment styles.
AUTHOR
Staff Writer
Recommended for you
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.
