Simon Ellis to head L&G Unit Trusts

Simon Ellis has been appointed managing director of Legal & General’s (L&G) unit trust business.

Ellis, who will begin his new role in October, will report to Mark Gregory, executive director, savings. He will be responsible for expanding the group’s active and index unit trust business.

Ellis was most recently managing director for the Financial Services Skills Council, and undertook a government-initiated review of its future strategy.

Prior to this he was managing director of Fidelity’s International Multi-Manager business.

Before joining Fidelity, Ellis was head of UK retail and chief executive officer of multi-manager at Axa Investment Managers, and head of UK retail at Henderson.

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