Japanese and International Experiences Welcoming Remarks Global Retirement Saving Summit Paul Schott Stevens President and CEO Investment Company Institute 23 April 2015 Conrad Hotel, Tokyo Good afternoon and welcome, everyone. Thank you for joining us for what we trust will be a...
In response to the announcement about a launch date for the Taiwan Stock Exchange and Singapore Exchange trading link, and recent reports of a possible Shenzhen–Hong Kong Stock Connect, ICI Global’s Qiumei Yang offers the following comment:
On Friday, April 10, we pointed out that the International Monetary Fund (IMF) apparently had vastly overstated the size and growth of bond fund holdings of emerging market bonds in its latest Global Financial Stability Report (GFSR).
A Strong Footing: The Critical Role of Capital Markets in the Post-Crisis World Luncheon Keynote American Chamber of Commerce of Japan Paul Schott Stevens President and CEO Investment Company Institute April 21, 2015 Tokyo Thank you for that warm welcome, and thanks to all of you for...
Following a pattern observed at the end of recent quarters, money market fund holdings of European issuers dropped at the end of March, although the decline was not as large as the previous quarter, ending December 2014. As we have noted before, for regulatory reasons European banks...
ICI Response to the Department of Labor’s Proposed Rules on Fiduciary Duty for Retirement Plan Providers Washington, DC, April 15, 2015— Investment Company Institute (ICI) President and CEO Paul Schott Stevens made the following statement in response to the Department of Labor’s...
A recent column in the Financial Times warns of “another accident in waiting” in the growth of fixed-income exchange-traded funds (ETFs)—described as “financial alchemy” that converts illiquid bonds into “baskets” that “trade moment to moment on the stock exchanges.” This “illusory”...
