Strategy changes, poor stewardship, and asset bloat are among the many possible red flags that shareholders of actively managed funds should recognize to know whether to sell or stay invested.
A sizable chunk of those assets went into bond funds, reflecting an ongoing search for yield.
After a brutal 2008 in which shareholders dumped funds en masse, inflows predominated in 2009.
The firm takes meaningful steps to remake itself after painful divorce from a star manager.
Domestic-stock funds had big outflows, but all other asset classes experienced growth in February.
The latest flow trends, plus a top manager takes a break.
Investors pour $6.3 billion into stock mutual funds in April--the largest inflow since May 2009.
After U.S. mutual funds registered outflows in May, $13.5 billion came back in June.
ETFs have driven the popularity of passive funds during the last decade.
The debate over whether firms should use cash surpluses on dividends or share repurchases pits long-term investors against short-term investors.