Star fund managers jump ship even as assets soar

Exodus of top managers an unintended side effect of roaring MF industry

The mutual fund (MF) industry has never had it better. Assets are growing at a scorching pace and investors are staying put despite bouts of market volatility. The good times, however, are causing an unintended side effect: Exodus of top fund managers. 

DSP BlackRock Investment Managers may be on the verge of losing Anup Maheshwari, currently the chief investment officer (CIO)-equities, at the fund house. Maheshwari, formerly the head of equities and corporate strategy, has been with DSP BlackRock for more than two decades.

Maheshwari is not alone. Gopal Agrawal, who recently joined Tata MF as CIO of equities, and