Average expense ratios of equity and bond mutual funds continued to decline in 2022, the latest Investment Company Institute (ICI) research shows. The report, "Trends in the Expenses and Fees of Funds, 2022," found that the average expense ratio for equity mutual funds fell 3 basis...
The 2023 Investment Management Conference (IMC) brought together industry and government leaders to share best practices and better understand compliance and financial regulation. In case you couldn’t attend or just want to recap the action, here is what we learned at the conference...
Account balances for consistent 401(k) plan participants rose from year-end 2016 through year-end 2020, according to a new study from the Employee Benefit Research Institute (EBRI) and the Investment Company Institute (ICI) titled “What Does Consistent Participation in 401(k) Plans...
ICI concluded its annual Investment Management Conference this week, after convening senior regulatory officials and industry leaders for a robust discussion of the issues facing asset managers today.
It’s always a pleasure to address members of the most important industry in finance. And it’s a privilege to be joined today and tomorrow by so many leaders from the Securities and Exchange Commission. At this conference, we’ll hear from Commissioner Mark Uyeda and SEC staff from the...
Today ICI President and CEO Eric Pan promoted the benefits of funds in front of an audience of senior regulatory officials and industry leaders at the 2023 Investment Management Conference (IMC) in California.
ICI Global is bringing the international voice of the UCITS, ETF, and mutual fund industry to Brussels in a new way. Last week, we officially opened ICI Global’s new office in Brussels. It’s a testament to our enduring commitment to research, analysis and representation in the...
US households felt the sting of high inflation in 2022. Sharp increases in consumer prices led to surging interest rates and a stock market downturn, driving steep losses in many investment accounts. This challenging environment generated financial headwinds to households of all...
The Investment Company Institute (ICI), the leading global association representing regulated investment funds, has named Kristin Solheim as a Government Affairs Officer to work on financial services policy issues, helping to lead outreach to Democrats on Capitol Hill and the...
More than four in 10 US households owned individual retirement accounts (IRAs) in mid-2022 according to an ICI study released today. With $11.7 trillion in assets in mid-2022, IRAs represented 34 percent of US total retirement market assets, almost double the 18 percent figure...
