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Booming model portfolios may be moving markets

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So much money is now tied up in this approach that adjustments to portfolios are being blamed for some dramatic ETF flows recently

A multitrillion-dollar beast is prowling Wall Street, making huge market moves that few can see coming -- and the beast is getting bigger.

Known as model portfolio investing, it’s a booming corner of money management in which the likes of BlackRock Inc., Vanguard Group and Charles Schwab Corp.

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