According to the asset manager, its new service is a fully RDR-compliant solution for advisers looking to outsource their investment management and will be available from 1 June.
After launching with Novia, the company is also looking to roll out the service onto other platforms.
With a minimum investment of £5,000, the portfolios are aimed at smaller investors as well as large.
Advisers can choose one of six risk-graded managed portfolios investing in a range of traditional assets including cash, equities, fixed interest and property as well as commodities, private equity, hedge funds and UCITS III funds.
The low risk Cash Plus portfolio has a 30% allocation to cash, 23% allocation to alternatives and 13% exposure to equities. The portfolio has an anticipated volatility of 2%-4% and a 2/10 risk grading.
The higher risk Adventurous Capital Growth Portfolio has a 58% exposure to equities, a 14% allocation to commodities and 9% exposure to alternatives. Anticipated volatility is 8-12% and risk grading is 7/10.
Apollo said investors will benefit from constant portfolio monitoring and asset allocation drift will be rebalanced via a switch of funds.
