Based in Frankfurt, Ellis will measure the performance of, and analyse, the AUB Opportunity III and the Henderson German Logistics funds.

He joins from Cushman & Wakefield, where he worked on the valuation and advisory team in Frankfurt. His role there covered valuations of mixed-use portfolios and single assets across the German retail, logistics and office sectors, including the quarterly valuation for the Henderson Opportunity III fund, Henderson said in a statement.

Henderson also recently added Kathrin Andres - also latterly of Cushman & Wakefield - to its Frankfurt office.