Policymakers are laser-focused on a concept in open-ended funds called dilution, suggesting that it poses financial stability risks. In a nutshell, dilution occurs when fund shareholders redeem and the transaction costs of meeting those redemptions—such as bid-ask spreads or the...
Last week, ICI’s annual Leadership Summit convened some of the most important decisionmakers in asset management and government. Amid fast-moving developments in financial markets, emerging technologies, and geopolitics, we learned how these leaders are managing through this time of...
ICI was honored to host the Chair of the Securities and Exchange Commission, Gary Gensler, at our annual Leadership Summit and to hear from him about his priorities. Appearing virtually, Gensler spoke at length about financial stability and his agenda regarding open-end funds. However...
ICI President and CEO Eric Pan released the following statement on the passing of the 26th Chairman of the Securities and Exchange Commission (SEC), Harvey L. Pitt: “ICI is saddened to hear of the passing of the former Chairman of the Securities and Exchange Commission, Harvey L. Pitt...
New survey results from the Investment Company Institute (ICI) provide insight into the diversity of the asset management industry. The 2022 ICI US Asset Management Diversity & Inclusion Survey shows that representation from historically underserved or underrepresented communities in...
ABA, BPI, CBA, FSF, ISDA, ICI, MFA, and SIFMA, a group of trade associations representing broker dealers, banks, asset managers and related financial institutions of all sizes, today issued a statement on the agreement to raise the federal debt ceiling.
ICI President and CEO Eric Pan released the following statement on the House Financial Services Committee advancing two bipartisan bills yesterday – H.R. 2627 the Increasing Investor Opportunities Act, and H.R. 3063, the Retirement Fairness for Charities and Educational Institutions...
Over the past 80 years, closed-end funds (CEFs) have helped millions of Americans achieve their long-term financial goals. Representing $252 billion in assets as of year-end 2022, CEFs are professionally managed, subject to a robust regulatory framework, and have several unique...
ICI Chief Global Affairs Officer and Head of ICI Global Michael Pedroni's statement regarding the European Commission’s proposed Retail Investment Strategy.
ICI is proud to unveil the 63rd edition of the Investment Company Fact Book. The annual publication features in-depth research, analysis, and data compiled by ICI’s research staff over the previous year. These outputs are key to ICI’s efforts to support the foundation of the asset...
