Four fund families controlled by
In this newly created position, Hoene will work with the boards of trustees of the Columbia Funds, the Nations Funds, the Galaxy Funds and the Liberty All-Star Funds, with particular focus on the funds compliance programs and the duties and performance of their service providers.
Hoene will report directly to the fund boards and work closely with top-level executives at Columbia Management, the investment management arm of Bank of America, and Charles Bowman, BoAs principal compliance executive.
Hoene most recently worked as a partner for law firm
"The independent trustees of the funds conducted an extensive search and were fortunate to recruit Mary Joan Hoene, whose broad and extensive experience make her a perfect fit for this significant new position," said Janet Langford Kelly, a trustee of the Columbia Funds, who played an integral role in Hoenes selection.
The four fund families have a combined $221 billion in assets under management as of June 30.
