Legal & General today announced the appointment of Simon Ellis as Managing Director of the Unit Trust business.
Simon will be responsible for the continued growth and expansion of our successful active and index unit trust business, and will report to Mark Gregory, Executive Director, Savings.
Simon has a wealth of financial services expertise and has worked in the industry for over 25 years. He was the Managing Director of Fidelity International Multi-Manager business, and has more recently been the Managing Director for the Financial Services Skills Council (FSSC), tasked with undertaking a government prompted review of the FSSC’s future strategy.
Mark Gregory, Executive Director, Legal & General said: “I am delighted Simon has agreed to join Legal & General. He brings great industry expertise and knowledge. I look forward to working with Simon as we continue to develop and expand the unit trust business.”
Legal & General is the 3rd largest unit trust manager with over £21.7bn in funds, and the 2nd largest ISA fund manager with £5.7bn of funds under management. (IMA, 31st July 2009). Its product suite includes index and active equity and fixed income funds, and property.
Simon will start his new role in October. Prior to working for Fidelity International and the FSSC, he was head of UK retail and CEO of multi-manager at Axa Investment Managers, and head of UK retail at Henderson.
