Jul
12

Investors Don’t Hate Fund Managers, Just U.S. Stock-Pickers

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  • Active international equity funds and bond funds get cash
  • Latest trends boost indexing giants BlackRock, Vanguard

Investors haven’t soured on all active fund managers — only those who pick U.S. stocks.

Actively managed mutual funds and exchange-traded funds that own domestic stocks experienced $98.5 billion in net redemptions in the first six months of 2017, according to the latest figures compiled by Morningstar Inc. Active funds that buy international stocks attracted inflows of $8.7 billion and active funds that buy bonds gathered $106.5 billion…

Investors Don’t Hate Fund Managers, Just U.S. Stock-Pickers

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Categories : Finance

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