Rather than simply generate reports for portfolio managers to use, fund analysts at leading companies including Fidelity, Putnam and MFS are getting more say in which stocks a fund selects in funds they are labeling “sector” or “research” funds, The Wall Street Journal reports.

Mutual fund analysts at Lipper say given the volatility of the market, which has become one of stock pickers, the hands-on approach makes sense and creates another layer of risk management and accountability.

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