AJ Bell has hired Ryan Hughes from Apollo as head of fund selection.
In the newly-created role, Hughes will build on AJ Bell’s investment solutions and will join the team running the managed portfolio service for advisers.
AJ Bell’s investment management business was created earlier this year following the acquisitions of Indexx Markets and Mansard Capital, with the managed portfolio service launching last month.
At Apollo, Hughes ran a range of multi asset portfolios, having previously been a fund manager in the multi asset arm at Old Mutual Global Investors.
AJ Bell Investments managing director Alex Dymoc says: “Our focus is to build high quality investment solutions for advisers and their clients that are simple, low cost and ultimately help them to invest. Adding someone of Ryan’s experience to the team will help us do that and expand the range of investment solutions we are able to offer.”
Hughes adds: “It is an exciting time to join AJ Bell as it expands its offering to advisers to include simple and effective investment solutions as part of its platform proposition. I’m looking forward to joining the team and helping expand the business.”