ICI issued the following statement in response to the Texas Comptroller’s announcement affecting member funds: “The Texas Comptroller’s announcement today, which is a step toward having Texas state agencies boycott hundreds of investment funds, will only harm the ability of Texas...
ICI President and CEO Eric Pan released the following statement regarding the SEC’s proposal to require additional disclosure around environmental, social, and governance (ESG) investment practices: “ICI fully supports regulatory measures to address concerns around greenwashing.
ICI President and CEO Eric Pan released the following statement regarding the SEC’s Fund Names proposed rule: “The SEC’s current fund names rule has worked well for twenty years. It recognizes that a fund’s name does not, and cannot, communicate everything that investors want to know...
Individual retirement accounts (IRAs) represent the largest share of assets in the US retirement market, with assets totaling $13.9 trillion at year-end 2021 (Figure 1). Forty-five percent of this total is held in mutual funds, with IRA mutual fund investors primarily invested in...
Core bond mutual funds’ activities during March 2020 had little impact on the investment grade corporate bond market. According to an ICI study, the timing and small size of core bond mutual funds’ daily net sales of investment grade corporate bonds is inconsistent with some...
For more than 80 years, our part of the financial industry – mutual funds, ETFs, and money market funds – has been one of the most well-regulated and transparent in the world, which is appropriate given our central role in managing money for hundreds of millions of Americans. It is...
New Resource Provides Guidance Around Activities, Timelines, Dependencies, and Risks Associated with a Move to T+1 Washington, DC/New York/London/Hong Kong/Singapore/Sydney/Brussels, August 1, 2022—The Securities Industry and Financial Markets Association (SIFMA), the Investment...
ICI announced today that Matthew Mohlenkamp will join ICI Global as Managing Director, Asia and Global Analytics. ICI Global represents the worldwide regulated investment fund industry and the interests of long-term investors.
Bond mutual funds’ activities during March 2020 had little impact on the investment grade corporate bond market. According to an ICI study, core bond mutual funds, on net, sold only $8 billion of their $780 billion in holdings of investment grade corporate bonds in the first three...
