Powered by MOMENTUM MEDIA

IOOF hires alternatives portfolio manager

 — 1 minute read

Financial services firm IOOF has added to its alternatives team with the appointment of a new portfolio manager.

Ray King, who has held asset management roles at Industry Fund Services and Towers Perrin, has been hired to head up IOOF's alternatives team.

In his new role, Mr King will be responsible for the strategy, growth and investment performance of the IOOF alternatives portfolio.

Advertisement
Advertisement

Commenting on the appointment, IOOF chief investment officer Steve Merlicek described Mr King as a "respected industry leader".

"He is a very capable specialist on alternative assets, having worked as an adviser with a vast number of superannuation funds since 1990 to establish some of the largest investment programs in Australia," Mr Merlicek said.

"Ray’s appointment reflects the importance we ascribe to alternative investments within the IOOF multi-manager portfolios."

Mr King will be based in IOOF's Melbourne office.

Read more:

Finance jobs tick up in second quarter

Long/short sector outperforms market

Long-only managers 'limited', says Tribeca

Beware populist politics, warns UBS

Brexit increases 'stagflation' risk: Pimco

 

The ifa Excellence Awards are back in 2021 and nominations are now open! This prestigious accolade recognises exceptional professionals within the financial advice industry, shining a light on the outstanding achievements from the nation's best and brightest. If this sounds like you or someone you know, then nominate today for the ifa Excellence Awards 2021!

 

IOOF hires alternatives portfolio manager
ID logo

 

related articles

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.