Investment head Ellis exits L&G

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L&G Investments' managing director of investments Simon Ellis has left the firm.

He will be replaced by Simon Pistell, currently managing director for L&G's RDR programme. Ellis (pictured), a well known figure in the industry, has held roles at Fidelity International, AXA Investment Management and Henderson Global Investors. He joined L&G Investments in October 2009 to head up the group's unit trust business.

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