For older, established AMCs, this trend creates a subtle but growing disadvantage. Over the years, several well-known fund managers, once the public face of large fund houses, have moved on to launch their own PMS or AIF platforms. In some cases, they helmed newer AMCs, taking with them both track record and investor recall. These include names like Prashant Jain, Samir Arora Pankaj Tibrewal and Kenneth Andrade, among others.
