Responses to the latest Incisive Buzz survey
• The mobility of star managers must lead investment managers to protect their position through having understudy managers prepared should the need arise. If they do not, they are vulnerable. • Reliance on star fund managers makes succession planning difficult as invariably grooming people in-house for succeeding the entrenched manager normally results in a downgrading on departure, as compared to simply poaching someone good from somewhere else. • How can we know what their succession planning is going to be? • When you question them, they all say they work as a team and the loss of ...
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