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A stock picker’s market is forming for the first time since 2008 as investors ditch ETFs and pile into single shares, Bank of America says

Investors are snapping up single stocks and moving away from index funds as they target buying opportunities in the US equity market. Inflows into single stocks cumulatively have climbed to $25 billion on a year-to-date basis while, outflows from exchange-traded funds have reached $9 billion – the …

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