Mutual fund sales by financial institutions during the second quarter rose to $10.8 billion from $9.5 billion in the second quarter last year.
Don’t forget you can visit MyAlerts to manage your alerts at any time.
It was the second highest quarterly fund total reported by banks in the past 5 years, according to Kenneth Kehrer Associates, Princeton, N. J., which conducted the study.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.