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Is it worth hiring Messi to be your fund manager?

When investors seek managers to invest with, they tend to look for those of 'rock star' status, but it often goes wrong

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STELLAR PERFORMANCE: If a Messi and a Neymar cost so much that they hurt the shareholder's bottom line, then a rational investor will have to think twice and maybe go out to look for other better valued players.

A STRANGE question, right? After all, Lionel Messi is a world-famous football player, not a fund manager. So let me explain.

When investors look for fund managers to invest with, they often look for "rock star" managers - Messi equivalents in the world of finance. A typical, desirable

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