February 12, 2024—Despite the stormy weather in San Diego, the speakers and panelists at the first-ever ICI Innovate conference shined bright! February 12, 2024—From February 6–8, ICI brought together the most creative and innovative industry minds at the forefront of asset management...
Any discussion of tech and finance should start with the most exciting innovation of our time. I’m talking, of course, about artificial intelligence. While most people are focused on AI’s ability to generate text and images, it has great potential to transform how people invest.
February 6, 2024—ICI Deputy General Counsel Sarah Bessin released the following statement regarding the Securities and Exchange Commission’s (SEC) vote to finalize rules to further define what it means to be a dealer under the 1934 Act:
February 6, 2024—ICI President and CEO Eric Pan released the following statement after Senate Committee on Commerce, Science & Transportation Ranking Member Ted Cruz (R-TX) and Senator Bill Hagerty (R-TN) introduced the Protecting Innovation in Investment Act.
February 6, 2024—According to new research published by the Investment Company Institute (ICI), Gen Z households with DC plans are outpacing earlier generations on the path to retirement saving. ICI’s research report “American Views on Defined Contribution Plan Saving, 2023” and...
February 5, 2024—Judging by some narratives, you might think that young Americans face a bleak financial future. Whereas Baby Boomers and older generations benefited from a robust economy and outsized investment gains, Gen Z and Millennials have suffered ballooning expenses and other...
January 30, 2024—The first mutual fund in the United States was created in 1924, which means that mutual funds and other pooled investment products have been part of our country’s economic success story for one hundred years.
January 30, 2024—ICI announced a year-long program commemorating the 100th anniversary of the mutual fund, featuring in-person celebrations, digital content, a national advertising campaign, and other unique programming.
January 12, 2024—Open-end long-term mutual funds (“funds”) have a long history of successfully managing liquidity, enabling them to meet shareholder redemptions in a timely manner while pursuing their investment objectives. Over the past four decades, 99.94% of these funds have met...
January 2, 2024—ICI President and CEO Eric Pan released the following statement regarding the Department of Labor's (DOL) proposed rule updating the definition of an investment advice fiduciary under the Employee Retirement Income Security Act (ERISA).
