FYI: It’s too early to call a trend, but data on money flows from one bank are flashing an encouraging signal for active investing in 2019.
Less than a month into 2019, clients from Bank of America have shown a distinct preference for picking stocks over wagering on the broad market or specific sectors. For three weeks in a row, they snapped up shares of individual companies and dumped exchange-traded funds. As a result, purchases of single stocks have exceeded $8 billion this year while ETFs suffered almost $2 billion of outflows.
Regards,
Ted
https://www.fa-mag.com/news/picking-stocks-while-shunning-etfs-is-the-new-thing-in-equities-42949.html?print
