Wed, Jul 30, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

The perfect circle brings Luke Ellis back to FRM

Thursday, November 22, 2012

amb
Luke Ellis
By Beverly Chandler, Opalesque London:

In his role as chief executive officer of FRM, Man Group’s newly remodelled fund of funds business, Luke Ellis has every right to feel that he got his baby back. Ellis joined Blaine Tomlinson at FRM in 1998, built the fund of funds’ firm FRM up through its independent years, and then left to take up the good life down on the farm (literally).

He returned to the hedge fund world in 2011, to the Man Group and now gloriously, has been reunited with his business with the Man Group’s purchase of FRM in May 2012. Seeing the FRM logo go up on the wall of the Man Group’s reception had a sentimental appeal for Ellis, he reveals in an interview with Opalesque.

The newly re-modelled FRM includes the remains of Man Group’s other fund of fund businesses, including the Swiss based firm RMF, which had suffered a near catastrophic fall in assets through significant exposures to Madoff.

The combined FRM was completely integrated before the London Olympics were finished and Ellis is now spearheading a $19bn fund of fund business which, despite the torrid time the industry generally and Man in particular has endured over the last five years, is still a larger pot of cash than FRM had at its independent peak.

"The good thing about bringing the two businesses together is that from a shareholder's point of view, the operational efficiency is important and from a client’s......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  2. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  3. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  4. The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach[more]

    Benedicte Gravrand, Opalesque Geneva: Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by

  5. Winton’s low-cost equities fund tops $1bn for first time[more]

    From FT.com: Winton, the London-based hedge fund, has increased the assets in its low-cost equities fund to more than $1bn for the first time in a sign that traditional stock managers may come under increasing pressure from computer-driven rivals. Winton, which manages about $25bn in total ass