What happens to performance after a 'star' fund manager leaves?

Willis Owen report

Jayna Rana
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"There is continual debate over the impact a manager can have on the performance of a fund" - Willis Owen's Adrian Lowcock
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"There is continual debate over the impact a manager can have on the performance of a fund" - Willis Owen's Adrian Lowcock

New research from online investment service provider Willis Owen has revealed 'star' managers really do make a difference as annualised outperformance is shown to have fallen significantly following their departure.

Analysis by Willis Owen looking at 15 investment funds that saw their 'star' manager leave between 2013 and 2017, found the level of outperformance dropped dramatically after they had left. On average,...

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