The concept of a star fund manager has been weakened somewhat in recent years by the decline in performance of some industry stalwarts.
Yet the draw of some big name managers remains strong, with the growth of boutique fund houses run by individuals, often with the name of the fund manager in the name of the firm, being a feature of recent years.
The larger fund houses tend now to emphasise the team-based nature of the management of their funds.
But in a post-Woodford world, does the departure of a fund manager mean a fund should be sold?
