APN Funds Management has secured platform specialist John Hyslop as its new national sales and distribution manager.
Hyslop joins APN from property manager MacarthurCook where he has been in a similar role for the past 12 months.
APN executive director Howard Brenchley said Hyslop will market the fund manager’s products to planners and develop relationships with platforms.
“We achieve 90 per cent of our inflows from platforms and this has become a very important source of business for us,” he said.
“We were attracted to John for his skills with platforms and he has a Masters in property which is rare in our area of funds management.”
At present APN has no sales team, but Brenchley said the company was looking to develop a sales force in the next 12 months.
“I expect the team will be created in the next 12 months as we have a number of innovative property products being launched in that period,” he said.
Previously Hyslop worked at Colonial First State where he was involved in the launch of the FirstChoice platform.
He has also worked for Navigator as national sales manager and in a similar role at Summit. Hyslop has also held management roles at Asgard and recently was head of business development at IOOF.
APN has $1. 7 billion of funds under management.
