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Holland joins Ibbotson

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Ibbotson has hired former Armytage Group executive Damian Holland.

Ibbotson Associates Australia has hired Damian Holland as head of managed account solutions.

In his new role, Holland will be responsible for developing and managing Ibbotson's managed account solutions, incorporating diversified and sector managed account portfolios to retail clients including dealer groups and financial planning practices, the company said in a statement.

Prior to joining Ibbotson, Holland held the role of group head of distribution at Armytage Group, and was previously the managing director of Ralton Asset Management. 

Holland has also held senior roles at Advance Asset Management, Vanguard Investments, Macquarie Funds Management, and Barclays Global Investors.

Ibbotson Associates Australia managing director Chris Galloway said Holland is a "great addition" to the business.

Holland's appointment is the third hire Ibbotson has made in the past few months.

In January, Ibbotson appointed former Centric Wealth head of portfolio construction and asset allocation James Foot as an investment consultant.

In November last year, the company hired former Midwinter Financial Services executive Matthew Esler as head of adviser services.

Ibbotson Associates is owned by Morningstar.