If Manny Roman’s switch from Man Group to the helm of the world’s biggest bond manager Pimco raised eyebrows, the choice of his successor at the $76.4 billion London-listed alternatives manager was far less surprising – although it took Luke Ellis himself some time to get used to the change
Ellis, a longtime friend of Roman, whom he has known since the pair ran equity derivative desks at JP Morgan and Goldman Sachs, respectively, has played a key role in Roman's senior team and Man Group's strategy since joining the firm in 2010.