The biggest mutual funds launched in the first half of this year were managed by banks, according to a study by a Chicago research group.

Banks swept the top six spots - and 33 of the 50 top positions - in a ranking of new mutual funds by asset size that was compiled by Financial Research Corp.

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.