Franklin/Templeton took top honors in the Dalbar 1995 Bank Study ranking non-proprietary institutional mutual funds sold through banks.
Federated was second, followed by Fidelity Investments, Benchmark Funds, AIM and SEI.
In Dalbar's ranking of non-proprietary retail funds sold through banks, Federated was ranked in first place. Following Federated were Franklin/Templeton, Oppenheimer Funds, Putnam Investments, Fidelity and Van Kampen/American Capital.
In other findings, the study found that the most popular investment product line (outside of core banking services) offered by banks is 401(k) plans.
Also, the study showed that almost 40% of banks selling investment products offer asset allocation services. Another 40% said they are intending to offer that service.
The survey by Dalbar Inc., Boston, looked at processing accuracy, problem solving, timeliness of statements, product quality and pricing, investment management and marketing materials.