Investing advice: Stock picks, strategies from top-rated fund managers

Business Insider spoke to five of the top-rated US equity fund managers to learn about their strategies, strongest convictions in the market, and advice for other investors looking to replicate their success.

The funds featured below received perfect scores in Lipper's assessment of total return, consistent return, capital preservation, expense, and tax efficiency.

With $17.7 trillion in assets still managed by US mutual funds, reports of the industry's death are premature.

Sure, it's shrinking as money gushes into exchange-traded funds. But a select group of fund managers have established track records that demonstrate why many investors still rely on the professionals to grow their money.

Business Insider interviewed five of the top-rated fund managers as screened by Lipper, which rates funds across five categories that capture the most important attributes investors want in a money manager: total return, consistent return, capital preservation, expense, and tax efficiency.

The funds featured below received a 5/5 score in all of these criteria.

We learned about each manager's strategies, the stand-out stocks boosting their performance versus peers, and the best advice they have for investors who want to replicate their success.