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Portfolio Managers Tested As Investors Exit High-Stake Schemes

As many as 14 of the top 20 schemes with assets above Rs 5,000 crore witnessed outflows for the 11 months ended February.



Storm clouds gather over the skyline of downtown Los Angeles (Photographer: Patrick T. Fallon/Bloomberg)
Storm clouds gather over the skyline of downtown Los Angeles (Photographer: Patrick T. Fallon/Bloomberg)
Portfolio managers with exposure to high-growth, emerging new-age companies saw value erode in 11 months through February as wealthy investors pulled out from such bets amid volatility.As many as 14 of the top 20 schemes with assets above Rs 5,000 crore witnessed outflows for the 11 months ended February, according to BloombergQuint’s analysis of data filed with the market regulator. The schemes from top 12 portfolio managers accoun...
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