Man Group's Luke Ellis: 'Accepting bad behaviour is a shortcut to ruin'

Man CEO talks to Investment Week

clock • 7 min read

CEO of Man Group Luke Ellis tells Mike Sheen why asset managers must cut down on ‘bad behaviour’, why failure to invest in tech could be fatal and how the firm is reaping the benefits of its own spending.

‘Depending how you measure it, I've been with the firm for somewhere between 20-something to 11 years," explains Man Group's CEO, reflecting on the company's post-Global Financial Crisis buyout of GLG Partners.    "Man GLG and Man Group generally are completely different than they were 11 years ago when they came together."  For Ellis, the most notable, and perhaps most important, change in that time has been the transformation of the investment giant from a cultural perspective, a drive he has prioritised in his time as CEO.   Man GLG promotes Houlden to co-manage Absolute Value f...

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