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

Willis Owen report

Jayna Rana
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The performance of Georgina Hamilton and George Godber's UK Value Opportunities fund was hit when they left Miton in 2016
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The performance of Georgina Hamilton and George Godber's UK Value Opportunities fund was hit when they left Miton in 2016

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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