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Statistics released by the Investment Company Institute (ICI) suggest that US investors are growing disillusioned with the 'get nowhere' US equity market that has seen the S&P 500 Index gain a miserly 1.2 percent so far this year.
A declining trend in net new investment evident in July accelerated markedly in August with stock funds experiencing a net inflow of only $1.09 billion. This was an 88 percent...
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