Banks rushing to sell mutual funds may be pushing the wrong investment vehicle after all.
So says A. Michael Lipper, the fund industry's top guru. As Mr. Lipper sees it, banks are better equipped to sell annuities than they are to hawk mutual funds.
Limited Time Offer
Save $400 off your subscription. Special offer ends April 30, 2017.
14-Day Free Trial
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In