Janus Henderson has appointed Michael Ho as its new global head of multi-asset and alternatives from UBS Asset Management.
The former chief investment officer of investment solutions at UBS Asset Management in London will join the firm on 14 January next year, with responsibility for Janus Henderson’s global asset allocation, multi-strategy and alternatives teams. Ho will also become a member of the executive committee at Janus Henderson Investors.
His appointment is part of Janus Henderson’s push to increase its multi-asset and alternatives activities, according to the firm.
“Following a thorough review of high-calibre candidates, we believe Michael has the right investment and research expertise, as well as management experience, to continue building our growing multi-asset and alternatives team into a globally cohesive, client-focused investment business,” said Enrique Chang, global chief investment officer at Janus Henderson.
Before joining UBS Asset Management, Ho spent five years with State Street Global Advisors as chief investment officer for alternatives, global macro and active emerging market equities, senior managing director and portfolio manager. He also held previous roles with Mellon Capital Management, including chief investment officer.
Earlier this year, Janus Henderson dropped its co-CEO structure and appointed Dick Weil as the sole chief executive of the business.
Weil, who had previously led Janus Capital prior to the completion of the merger with Henderson Global Investors in May last year, took on sole responsibility of the firm’s strategic direction and leading its executive management.
The group’s other co-CEO, Andrew Formica, is set to depart Janus Henderson at the end of this year, acting in an advisory position during the interim.