Fund man­ager, the new selfie star

Business Standard - - ISSUES AND INSIGHTS -

Fund man­agers are known to keep a low pro­file ir­re­spec­tive of the amount of money they man­age. How­ever, at a re­cent mar­ket event, where sev­eral do­mes­tic mu­tual fund big­wigs were present, many in the au­di­ence be­gan to mill around some of the CEOs and fund man­agers of as­set man­age­ment com­pa­nies to click pho­tos with them. A CEO, who was hes­i­tant to pose for a pic­ture, re­minded peo­ple around him that he was no celebrity. The self­ieseeker replied, “Mar­kets are the new cult and money man­agers the new su­per­stars.” The re­sponse sur­prised the CEO and he felt obliged to pose for a selfie.

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