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
Three of Australia’s largest financial advice groups have shared their thoughts with Money Management on whether they would include crypto on their approved product lists.
Shadow treasurer Angus Taylor has vowed to introduce a bill to legislate a raft of financial services reforms if the Coalition is elected.
Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.
A $3.5 million settlement for victims of Melissa Caddick has been approved by the Federal Court following an initial agreement last December.