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Fund Managers Ride Out Pandemic by Sticking With Old Playbooks

davfordavfor
in The Bullpen
The more things change the more portfolios stay the same (at least for now):
Except for a growing aversion to industrial firms, managers’ preferences across sectors are almost identical to what they were almost 16 months ago, data compiled by Bank of America Corp. show. In fact, almost three-quarters of the same beloved stocks remain in their portfolios.
Sticking With Old Playbooks
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