IOOF appoints Aussie equities PM
IOOF has appointed Paul Crisci as portfolio manager, Australian equities in the IOOF Investments business.
He replaced Dan Farmer who transitioned to the role of chief investment officer, following the retirement of Stephen Merlicek on 30 June.
Crisci was most recently at Funds SA, where he managed a portfolio of Australian and international equities with a combined value of over $11 billion for South Australia’s public sector superannuation schemes and approved authorities.
Farmer said: “We are delighted Paul is joining the IOOF team. Paul brings more than 17 years’ experience managing portfolios and a strong track record of investment performance, which will strengthen IOOF’s high-calibre and award-winning investment management team”.
IOOF offers the fully active MultiMix range of funds and the new active range of funds called IOOF MultiSeries.
Crisci would begin his role on 14 August and would be based in the Melbourne office.
AUTHOR
Malavika Santhebennur
Recommended for you
Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitability by Q1 2025.
Amid a growing appetite for alternatives, investment executives have shared questions advisers should consider when selecting a private markets product compared to their listed counterparts.
Chief executive Maria Lykouras is set to exit JBWere as the bank confirms it is “evolving” its operations for high-net-worth clients.
Bennelong Funds Management chief executive John Burke has told Money Management that the firm is seeking to invest in boutiques in two specific asset classes as it identifies gaps in its product range.
