While other firms like Putnam and Janus have suffered from the outflows that go with improper trading allegations, charges and settlements, T. Rowe Price has perhaps been the main beneficiary in the mutual fund industry, The Baltimore Sun reports. Fidelity and Vanguard have also stayed above the improper trading fray, and have continued to churn sizeable profits.

"People have not lost faith in investing in mutual funds. What they have done is lost faith in investing in the companies that have problems," said T. Rowe Chairman George C. Roche.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.