Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Portfolio > Mutual Funds

Kehrer: Banks Report Drop In May Mutual Fund Sales

Your article was successfully shared with the contacts you provided.

NU Online News Service, July 14, 2003, 5:07 p.m. EDT – U.S. banks are reporting $3.2 billion in long-term mutual fund sales for May, down 3% from the total for May 2002, reports Kenneth Kehrer Associates, Princeton, N.J.

Kehrer bases the sales figures on a survey of more than 600 banks that account for about two-thirds of bank investment sales. The latest survey was sponsored by Invest Financial Corp., Tampa, Fla.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.