Janus Henderson, the $378bn US-Australian fund manager, has recruited the former investment chief for multi-asset funds at UBS Asset Management to fill an equivalent role, as it aims to expand the division.

Michael Ho, formerly chief investment officer for investment solutions and multi-asset funds at UBS, will join Janus Henderson in January, the company said in a statement on December 5. Based in London, he will take a seat on the company’s executive committee.