Casting a wide net over a growing market, PNC Bank Corp. has begun selling mutual fund asset allocation services to its own customers and to smaller institutions.

Like other products of this variety, PNC's asset allocation services use personal computer software to assist brokers and trust officers in devising a mix of mutual fund investments. PNC's asset allocation product distributes investments among the 23 portfolios in the PNC Funds retail family.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.