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Ellis will be replaced by Simon Pistell, who is currently the managing director of the company’s RDR programme.
L&G did not say when Ellis will be leaving his role.
Ellis joined the asset manager in October to helm its unit trust business. He has also held positions at Fidelity International, AXA Investment Management and Henderson Global Investors.
Companies won’t be required to publish a prospectus for capital raising below 75% of the total of existing shares
Underlying net outflows were just £0.2m, excluding the impact of the departures, with positive flows in retail and wholesale
Global CIO equity discusses the outlook for EVs and Chinese equities amid ongoing volatility
ETF to mirror Guinness Sustainable Energy fund
CB Payments Limited onboarded more than 13,000 high-risk clients who executed $226m worth of transactions
Joe Pak, Ravin Seeneevassen, and Jack Norris will leave the company