ICI Statement: Financial Transaction Tax Is Bad for Investors, Markets, Economy Washington, DC, March 1, 2013 - ICI President and CEO Paul Schott Stevens issued the following statement in response to the financial transaction tax legislation introduced by Senator Tom Harkin (D-IA) and...
Majority of Mutual Fund–Owning Households Bought Funds Through Investment Professionals in 2012 Older Households or Those with Female Involved in Decisions Are More Likely to Have Ongoing Relationship with a Professional Washington, DC, February 28, 2013 - More than half (53 percent)...
Over the past three years, the Journal has published six editorials on money-market funds. By the time we saw the latest ("The SEC's Big Chance," Review & Outlook, Feb. 21), we were shaking our heads in disbelief. As Ronald Reagan once said, “There you go again.”
ICI Global Expands Asia Presence with Hong Kong Office Fund Authority Qiumei Yang to Head Asia-Pacific Effort London, 25 February 2013 - ICI Global, the voice of global funds and their investors, today announces that it is opening an office specifically focused on the fast-growing...
ICI and ICIEF Encourage Participation in “America Saves Week” Washington, DC, February 25, 2013 - The Investment Company Institute (ICI) is encouraging Americans to assess their personal savings and set a savings goal as part of the “ America Saves Week” national campaign. ICI joins...
Over the past three years, the Wall Street Journal has published six editorials on money market funds, and each has advanced more myths and distortions about these funds.
Letter to the Editor: Fund Investors Pay Less in Fees (As published in the Financial Times on February 15, 2013) Sir, Tom Stabile bizarrely casts the US mutual fund industry as a financial villain in a misleading commentary that goes heavy on insults and light on evidence (“ Hidden...
Today, ICI made the following statement in response to a comment letter on money market fund reforms filed with the Financial Stability Oversight Council (FSOC) by the presidents of the 12 regional Federal Reserve banks.
Keep Current Tax Incentives for Retirement Plan Savings, Americans Say Most U.S. Households, Whether Invested in a Retirement Account or Not, Agree That Retirement Savings Incentives Should Remain a National Priority Washington, DC, February 7, 2013 - As Congress is expected to...
