• SHARE

Banks are having surprising success selling investment trusts, succeeding where brokerages have largely failed, according to a Standard & Poor’s report Monday.

As of December, banks had a solid 38 percent share of the market for investment trusts, with the majority of the funds being sold in stocks, the report says.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW