Assets under management in separately managed accounts (SMAs) jumped 1.2% in the third quarter, according to figures the industry's top trade association released last week.

The third-quarter report by the Money Management Institute (MMI) also estimated that assets in SMAs have grown 7.2% to $535 billion since the start of the year. And as assets in SMAs have grown, so has interest in them; attendance at the industry's annual Solutions Conference, held early this month in New York, was up 13%, according to MMI, even after a record-breaking turnout in 2003. A September bank conference held by MMI in Dallas received a record turnout as well.

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