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(Bloomberg) -- Investors are pulling money out of U.S.-focused stock funds in favor of international portfolios. Year-to-date redemptions from U.S. equity funds reached $4.2 billion in the week to Aug. 16, compared with an inflow of $97.1 billion for funds that can invest anywhere in the world, according to a Bank of America Merrill Lynch note, citing EPFR Global data.
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