Omar Aguilar was named vice president of the portfolio management group at investment advice provider Financial Engines, according to a news release.
Mr. Aguilar will report to CIO Christopher Jones and will oversee all aspects of the company's portfolio management unit, including portfolio construction and implementation, investment processes and policies, and working with plan executives and consultants, the release said.
Mr. Aguilar was head of quantitative equity at ING Investment Management. Representatives from Financial Engines and ING were not immediately available for comment or further details.