Hyslop moves to APN
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.
Recommended for you
The director of Ascent Investment and Coaching, Michael Dunjey, has been charged with 33 criminal offences.
Adviser Ratings’ latest financial landscape report finds there is a demographic of advice practices achieving an average revenue of $5 million, with only 3 per cent of practices overall seeing a revenue decline.
The FAAA is calling for regulators to take a partnership approach with financial advisers regarding incoming legislation, rather than treating the industry as “guinea pigs”.
There have been strong numbers of returning advisers this year so far, according to Wealth Data, already surpassing the same period for 2024.