Investment houses are increasingly having to cope with the loss of a star fund manager but it is not always negative for the fund left behind
Coping with star fund manager departures has become an increasingly important part of investment houses' business strategy in recent years, as the number of defections has continued to gather pace. To ascertain whether a star manager departure is always negative for the fund they leave behind, the March issue of Investment Week's sister paper Investment Strategies examined several recent high-profile movers, showing how their successors have gone on to perform. Although the skills and reputation of star fund managers can be an extremely useful sales tool, it can be dangerous to rely on...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes