Bank-sold fund assets may be stickier than other channels, but banks are not doing as well as most other channels when it comes to attracting new assets, according to a new study issued last week by Cerulli Associates.

Including proprietary and non-proprietary funds, banks' market share of long-term mutual fund sales has slipped from 19% in 1992 to just 10% as of year's end in 2000, according to the study. And despite a 15% growth rate between 1996 and 2000, bank proprietary funds hold just 5.1% market share, the study found.

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