The U.S. financial system is emerging from the global crisis. Financial markets have regained their footing. The Federal Reserve has significantly reduced its emergency facilities. The Securities and Exchange Commission has adopted its amendments to Rule 2a-7 for money market funds.
Sunlight Through the Clouds: Emerging from the Financial Storm Opening Remarks Mutual Funds and Investment Management Conference Karrie McMillan General Counsel Investment Company Institute March 28, 2011 Palm Desert, CA As prepared for delivery Thank you, Jack [Lockridge, executive...
Most workers who are likely to have the ability to save and to be focused primarily on saving for retirement have access to employer-provided retirement plans, according to research we just released.
Mutual fund investors in 2010 paid lower average expense ratios in stock funds, but bond fund expense ratios remained unchanged, according to an annual research report on fund fees and expenses that we released today.
In 2010, Stock Fund Expense Ratios Dropped; Bond Fund Expense Ratios Were Flat Washington, DC, March 24, 2011 - Mutual fund investors in 2010 paid lower average expense ratios in stock funds, but bond fund expense ratios remained unchanged, according to an annual ICI report on fund...
Workers Likely to Value Retirement Savings Have Pension Access ICI Study Looks at Factors Affecting Workers’ Savings Preferences, Availability of Plans Washington, DC, March 24, 2011 - Updating research first released in 2008, an Investment Company Institute (ICI) study illustrates...
Total closed-end fund assets were $241 billion at year-end 2010, up 7 percent from year-end 2009, according to our recently released annual research report on the closed-end fund market. On net, closed-end fund assets increased by $16 billion during 2010.
Recent stories in the press have addressed the issue of securities lending, particularly in the context of 401(k) plans. For example, a March 16 story in the Wall Street Journal (“Disclosure Sought on Fund Lending”) suggests that securities lending’ in 401(k) plans “prevented some...
Since 1959, ICI’s General Membership Meeting has provided fund industry executives an exceptional forum to discuss key business issues, gain a deep understanding of the policy landscape, and network with colleagues from around the country and overseas.
Financial Awards Available for Washington, DC High School Students Participating in Financial Education Program Washington, DC, March 7, 2011 - Today marks the first day that high-school students can complete the online 2011 National Financial Capability Challenge, a joint education...
