8 star managers who flew the coop

6 of 8

David Corkins

Previous gig: Like Marsico, Corkins was a star at Janus, where he ran the successful Mercury and Growth & Income funds. Corkins He took the reins in 2006 of the $12 billion Janus Fund, which was struggling at the time, and He executed an early turnaround and it finished finishing it in the upper quartile of its category that year.

Why he split: After less than two years at the helm of the Janus Fund, Corkins left without offering an explanation; a Janus spokesperson at the time said he might start his own company.

Today: The Rocky Mountain News reported in 2009 that Corkins started a Colorado-based hedge fund, called Arrowpoint Partners, which had more than $1 billion in assets. Recent filings from Arrowpoint show that Corkins he is working with two former Janus managers, Karen Reidy and Min Sohn.

NEXT: Sandy Rufenacht