News From Press Is it the end for ‘star’ fund managers? Maybe not yet

Is it the end for ‘star’ fund managers? Maybe not yet

Source: Financial Express Sep 20, 2022

The departure of Prashant Jain from HDFC Mutual Fund last month after a 19-year stint has kicked off conversation about the fading away of star fund managers.

Proponents of this theory say today’s fund managers are the typical backroom boys who can’t be considered “star material” in the conventional sense, and it doesn’t matter that several of them manage funds that have sizeable assets.

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