Lone wolves: Managers who go it alone often underperform, finds AJ Bell

Hot on the heels of the spectacular fall of the Woodford Equity Income fund, which has suffered a long period of underperformance and was gated in response to escalating redemptions, AJ Bell has looked at a number of cases where established fund managers have left their roles to go solo - and found that six out of seven have underperformed their previous record. The investment platform has looked at the performance track record of industry bigwigs Neil Woodford, Richard Pease, Nick Train, Barry Norris, Julie Dean, Tim Russell and Chris Rice. It found that only one manager has bucked the ...