BALTIMORE ( Stockpickr) -- Last year wasn't exactly a banner year for institutional investors. While the S&P 500 essentially closed dead flat on the year, mutual funds lost 6% on average in 2011 according to Lipper Research. And hedge funds booked their second worst year in history last year, sliding an average of 5%; high-profile funds fared much, much worse.So with a new trading year well under way, you'd think that investors have become soured of institutional opinions by now. But that may be a big mistake.
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