ICI Chairman Edward Bernard Elected to Second Term New Members Elected to Board of Investment Company Institute Washington, DC, October 8, 2010 - The Investment Company Institute’s Board of Governors has elected ICI Chairman Edward C. Bernard to serve an additional one-year term. In...
Independent Directors Council Names New Chair and Six New Governing Council Members Washington, DC, October 8, 2010 - The Governing Council of the Independent Directors Council (IDC) has elected Dorothy A. Berry as its new Chair. Ms. Berry, independent director of PNC Funds and...
ICI Statement on House Approval of Regulated Investment Company Modernization Act Washington, DC, September 29, 2010 - Investment Company Institute President and CEO Paul Schott Stevens made the following statement about the recent approval by the U.S. House of Representatives of H.R...
ICI Study: Mutual Fund Shareholders’ Risk Tolerance Has Not Rebounded Since the Financial Crisis Washington, DC, September 28, 2010 - Mutual fund shareholders’ overall willingness to take investment risk has not rebounded since the financial crisis, according to a newly updated ICI...
Average Expense Ratios Edged Up for Stock and Bond Funds in 401(k) Plans in 2009 Study Shows 401(k) Investors Continue to Gravitate to Lower-Cost Mutual Funds Washington, DC, September 16, 2010 - 401(k) plan participants invested in mutual funds on average paid slightly higher expense...
July 2010 Data Show Continued Trend Toward Bond Funds Analysis from ICI Chief Economist Brian Reid Our report on “Trends in Mutual Fund Investing” for July shows a continuation of several trends in bond and stock mutual funds—activity that has attracted a great deal of attention and...
Retirement Snapshot, First Quarter 2010 Investors Staying the Course, Assets Are Up Washington, DC, August 4, 2010 - Newly released data on almost 24 million defined contribution (DC) retirement accounts shows that in the first quarter of 2010, investors’ commitment to 401(k) and...
New IRA Investor Research Project Taps Account-Level Data for Additional Insight into IRA Use First Report Using New Database Examines IRA Contributions Washington, DC, July 27, 2010 - A new database that collects account-level data of more than 10 million individual retirement...
“The Seventh-Inning Stretch: The State of Play for Money Market Funds” Opening Address Paul Schott Stevens President and CEO Investment Company Institute Crane’s Money Fund Symposium Boston, Massachusetts July 26, 2010 Thank you, Peter [Crane, President, Crane Data], for that...
ICI Statement on Enactment of Financial Regulatory Reform Bill Washington, DC, July 21, 2010 - Today, Investment Company Institute Paul Schott Stevens made the following statement as President Obama signed into law a new financial services regulatory reform bill: “For the past two...
