IOOF To Merge Product Suites, Hires MD

Fully integrated financial services firm IOOF will unite its two product suites in a single multi-manager offering.

Fully integrated financial services firm IOOF will unite its two product suites in a single multi-manager offering, Financial Standard reports. The United Sector Leaders Funds will be merged with the IOOF MultiMix suite of trusts by the end of September. The remaining United Funds will be rebranded as Multimix Trusts and the responsible entity will change from Australian Executor Trustees to IOOF Investment Management. Separately, IOOF’s board has appointed Kevin White, former managing director of accounting firm WHK Group, as an independent non-executive director.

Click here for the story from Financial Standard.