Should You Follow Your Fund Manager Who Moves to a New Firm?
When your fund manager leaves to a new firm, it can be tempting to follow. But historical evidence shows that you should think twice before taking the leap.
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Mathieu Caquineau, CFA, is director of manager research for Europe, the Middle East, Africa, and Asia for Morningstar France Fund Information SARL, a wholly owned subsidiary of Morningstar, Inc. He is the equity rating committee chair and is charged with driving the quality, consistency, timeliness, and efficacy of Morningstar’s equity manager research for the cross-border practice.
Caquineau joined Morningstar in 2008 and spent four years as an analyst covering equity and fixed-income funds. In 2012, he joined Morningstar’s Investment Management group, a unit of Morningstar, Inc., as a senior investment consultant and portfolio manager before returning to the manager research team in 2014. Before Morningstar, he worked for a year as a credit analyst for the U.S. division of the French bank Credit Agricole.
Caquineau holds a master’s degree in finance from Université Paris Dauphine and a postgraduate degree in strategy and management of international business from ESSEC Business School. He also holds the Chartered Financial Analyst® designation.