Telegraph – Ferraris, Dom Perignon and the Cote d’Azur are the typical trappings of millionaire hedge fund managers. As a rule, pigs don’t get much of a look in. But Luke Ellis, the man many are tipping to be Man Group’s next chief executive, gave it all up for farm animals. He says it was the best decision he ever made.
Last month, Ellis oversaw Man’s acquisition of FRM, bringing to the listed hedge fund giant an extra $8bn (£5.2bn) of assets to manage. Ellis helped build FRM, a fund of hedge funds manager, from a $15m business a decade ago to a $15bn firm. But after a decade of high finance, and a veiled ultimatum from his wife, he packed it all in.
