Assets under management are up 7% year-to-date, IFIC says
Industry assets jump to $891.8 billion
Balance fund net sales nearly double
Fund companies report sizable boosts in sales volumes
Assets under management up 10% over 2011
Balanced funds lead the way; equity funds remain in net redemptions
Equity funds continue to face redemptions
Rise in equity fund redemptions offsets gain in balanced fund sales
Bond and balanced funds lead the way
Bond and balanced funds score the biggest gains