IOOF bags four stars
Morningstar has awarded IOOF Funds Management with a four star rating.
Nine IOOF products achieved a five star Morningstar rating, while another 13 achieved four stars.
Morningstar has awarded IOOF Funds Management with a four star rating.
Nine IOOF products achieved a five star Morningstar rating, while another 13 achieved four stars.
IOOF general manager of retail funds management, Barry Sheehan, says the rating is a ringing endorsement of the fund managers investment process.
“The Morningstar results back up what we’ve been saying for some time - that we offer a range of industry competitive products and that we have an expert team on board to manage them,” he says.
“The Morningstar ratings confirm our status as a serious funds manager.”
Recommended for you
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.