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More proactive stock picking leading to more robust results
American Funds had net inflows of $964 million in January, the first month of net inflows since May 2009, according to Lipper Inc.
American Funds will launch three bond funds in 2013, but the company insists the move is not a reaction to heavy stock outflows.
Buoyed by the flood into equities, American Funds finally recorded net positive inflows last month. The question: Where to from here?