Man Group chief executive Luke Ellis said that corporates could face stress testing after the Covid-19 pandemic, similar to those imposed on banks after the 2008 financial crisis.

“There will be a drive to some form of stress testing of businesses, to make sure they have less operational gearing so that they are able to withstand things,” said the CEO of the world’s largest listed hedge funds company. Man Group manages $104.2bn as of March 31. Ellis was speaking at the Bloomberg Invest Global online forum.