Investors shun stock pickers, favor Vanguard, BlackRock, State Street
Fund sales switch decisively toward plain-vanilla, index investing, move out of Pimco Total Return has big impact on flows.
If you have an interesting investing idea, try calling Warren Buffett or Bill Ackman, because mutual fund investors just aren't that into you.
In yet another symbol of changing investor appetites, actively managed U.S. stock funds have now completely fallen off the list of the industry's top product
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