U.S. Trust Corp. and Washington Mutual Inc. managed the top-performing U.S. equity mutual funds among banks in the second quarter, according to data from CDA/Wiesenberger, Rockville, Md.

The leader was U.S. Trust's Excelsior Large Cap Growth Fund, which returned 10.22% during the second quarter. The performance helped it hit $65.3 million of assets under management at June 30.

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.