The Board of Governors of the Investment Company Institute (ICI) has elected Yie-Hsin Hung, chief executive officer of New York Life Investment Management (NYLIM), to serve as ICI chair. In addition, the ICI member companies elected a slate of governors.
Brussels, 5 October 2021—Investment Company Institute CEO Eric J. Pan issued the following statement in response to the European Parliament’s vote to confirm Verena Ross as chair of the European Securities and Markets Authority (ESMA): “I warmly congratulate Verena Ross on her...
The ICI Education Foundation announced a partnership with Girls Who Invest, a leading nonprofit dedicated to increasing the number of women in portfolio management and executive leadership in the investment management industry.
Latest Report on EU Funds Shows Ongoing Charges Down Markedly Since 2013, but More Effective Single Market Would Benefit Cross-Border Fund Distribution Brussels, 22 September 2021—Average ongoing charges for equity and fixed-income UCITS domiciled in the European Union continue to...
Investment Company Institute President and CEO Eric J. Pan issued the following statement today on the provision to repeal section 852(b)(6) of the Internal Revenue Code, the tax treatment of exchange-traded funds (ETFs) and mutual funds, contained within Senate Finance Committee...
A growing number of investors save for retirement through target date funds (TDFs), according to a new joint report from the Investment Company Institute (ICI) and the Employee Benefit Research Institute (EBRI). The report provides insight into how the use of TDFs varies by 401(k)...
Americans continued to save for retirement through defined contribution (DC) plans during the first half of this year despite ongoing economic stresses brought about by the COVID-19 pandemic.
ICI Global Chief Counsel Jennifer Choi offered a summary of ICI's comments on IOSCO's proposed recommendations on sustainability practices and disclosure in asset management.
Dr. Erica Elliott Richardson, a strategic public affairs and branding expert, will join ICI on August 16, 2021, to serve as ICI’s chief public communications officer.
ICI President and CEO Eric J. Pan issued the following statement in connection with its filing of comments with the IFRS Foundation regarding creation of an International Sustainability Standards Board.
