News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Hedge Funds

New Man Group CEO: Small and steady wins the race

Luke Ellis plans continuous improvement rather than radical change at the London hedge fund manager when he takes over from Manny Roman

Man Group's incoming CEO Luke Ellis
Man Group's incoming CEO Luke Ellis Photo: Photo: Micha Theiner

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.

WSJ Logo