View more on these topics

Man Group appoints new CIO in senior reshuffle

Boardroom-Business-Finance-Corporate-Meeting-Hire-700x450.jpg

Man Group has appointed Sandy Rattray as its new chief investment officer in a senior management reshuffle following the appointment of Luke Ellis as chief executive.

Ellis was named as the asset manager’s new chief executive following the departure of Manny Roman to move to Pimco.

Rattray will take over the CIO role at the group, which Ellis used to cover, and will assume responsibility for the Man AHL, Man Numeric, Man GLG and Man Solutions divisions. He will also remain as chief executive at Man AHL.

In other moves, current co-chief executive Mark Jones has been appointed chief financial officer, taking over Jonathan Sorrell’s responsibilities.

In turn, Sorrell will focus on his role as president of Man Group. He will work with Ellis on strategic growth of the business, as well as on sales, corporate strategy, M&A, private markets and will lead the Man FRM division.

In the Man GLG business, Pierre-Henri Flamand has been appointed as CIO, and will work alongside Teun Johnston who remains chief executive of the division.

Finally Robyn Grew has been hired into the new role of chief administrative officer. She was previously Man Group’s general counsel and global head of legal and compliance.

Ellis says: “I am pleased to congratulate a number of my high-calibre colleagues at Man Group on their new roles, at what was a natural time to review our management structure.

“The firm has changed a great deal in the past few years and, with my own role also changing, it made sense to look at the way we are organised and where different responsibilities should lie, so that we have the optimal structure in place to serve our clients and assist me in leading the firm through the next phase of development.”

Recommended

Business-Handshake-Finance-Deal-700.jpg

Woodford IM to hire ex-Standard Life director

Woodford Investment Management is due to appoint Marcia Campbell as the chair of its oversight board in the coming days, Fund Strategy understands. The former Standard Life director and chief executive of Asia Pacific would replace Mary Reilly, who has been in the role since the launch of Woodford IM in 2014. Campbell is a […]

FCA hires ex-Investment Association chief Daniel Godfrey

The FCA has hired former Investment Association chief executive Daniel Godfrey on a consultancy basis. Godfrey, who was ousted from the investment industry trade body last year, will join the regulator to work in the asset management policy team, rather than in a decision-making capacity. The FCA was not able to give details of the […]

Business-People-Walking-Motion-Leaving-700x450.jpg

Towry investment head leaves after Tilney Bestinvest deal

Towry head of investments Andrew Wilson will leave the firm this year following its acquisition by Tilney Bestinvest. Wilson, who help with the transition of duties in the coming months, has been with the firm since 1994, when it was John Scott & Partners. Since 1996, when he was appointed investment director, Wilson was responsible for multi-manager […]

6

FCA bans and fines adviser £110k for lying about qualifications

The FCA has banned and fined an adviser £109,400 for repeatedly lying to the regulator about whether she was qualified to give investment advice. Elizabeth Parry was a sole trader and was authorised to give investment and mortgage advice. She was also authorised to carry out consumer credit activities. The FCA says Parry made six […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment