Investors in mutual funds are increasingly turning to accounts with multiple managers, even though that means paying higher fees, The Wall Street Journal reports.

Accounts with multiple managers grew to $678 billion last year, an increase of 28%, and are expected to rise another 14% this year, according to the Boston-based research firm Cerulli Associates. But higher fees, typically 2% to 3%, and not-so-great performance still make them a questionable buy. Maybe investors just don’t trust themselves.

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