Investors Continue to Shun Equity Funds, PIMCO

Investors are leaving equity funds out in the cold, according to the latest Morningstar data. In January, investors took close to $14 billion out of active U.S. equity funds. In the past 12 months, these outflows totaled $111 billion. But it’s not just active U.S. equity funds that are losing investors, passive U.S. equity outflows reached…