People moves

Ellis looks forward to creating the next generation of alpha-focused multi-manager operations at Man

by

Luke Ellis

As the global investor market prepares for 2011, funds of funds face a number of battles – not least the idea that the classic model is dead.

If that is the case, then with two legacy businesses, namely RMF Investments and Glenwood Capital Management, Luke Ellis, the new head of the $14.2 billion in multi-manager investments at Man, should be regretting his move back to the coal face of funds of funds as the replacement for Herbert Item.

But instead, un-fazed by history, Ellis, former managing director of Financial Risk Management and non-executive