ET’s roundup of the wackiest whispers in corporate corridors
By ET Bureau |
Suits & Sayings
The exit of a star fund manager from one of the country’s biggest AMCs has set the whole industry buzzing. Insiders reckon the fund house had already moved to cushion the blow by quietly tapping the equities head of a private bank plus foreign fund JV. Their CEO, famous for never letting key people slip, is expected to fight hard through the three-month notice period to keep his equities chief from walking out the door. Meanwhile, the question on everyone’s lips: Where is the one that started it all headed? Two spicy theories. One: she’s all set to become CIO at a global MNC fund house whose schemes were once shining stars but now badly need a comeback. The other: she’s been picked to spearhead the India entry of a British American asset manager.
