John Husselbee: Waiting for a star to fall?

It can hardly be surprising that many parts of the investment industry - whether it is sales and marketing departments of asset managers, fund buyers or journalists - promote the concept of the ‘star' fund manager. Stars sell, as sport, films, TV, music and books all demonstrate. Yes, these examples all relate to different strands of the entertainment industry but it also applies to fund management: just consider the recent news Big Short investor Steve Eisman is launching funds into the UK market, bringing a little film star glamour to the industry - albeit by proxy. Interestingly, o...