ICI Board Statement on Financing the Transition to Net Zero UN Climate Change Secretariat Invites ICI to Attend COP26 Washington, DC; October 13, 2021—The Investment Company Institute (ICI) Board of Governors unanimously approved a statement on “ Financing the Transition to Net Zero,”...
In a world that is more interconnected than ever, it is important to fend off foreign threats to strategic industries—but not at the expense of constricting productive foreign investments. It is in every nation’s interest to make the distinction between the two in their foreign direct...
The Board of Governors of the Investment Company Institute (ICI) has elected Yie-Hsin Hung, chief executive officer of New York Life Investment Management (NYLIM), to serve as ICI chair. In addition, the ICI member companies elected a slate of governors.
Brussels, 5 October 2021—Investment Company Institute CEO Eric J. Pan issued the following statement in response to the European Parliament’s vote to confirm Verena Ross as chair of the European Securities and Markets Authority (ESMA): “I warmly congratulate Verena Ross on her...
The ICI Education Foundation announced a partnership with Girls Who Invest, a leading nonprofit dedicated to increasing the number of women in portfolio management and executive leadership in the investment management industry.
Latest Report on EU Funds Shows Ongoing Charges Down Markedly Since 2013, but More Effective Single Market Would Benefit Cross-Border Fund Distribution Brussels, 22 September 2021—Average ongoing charges for equity and fixed-income UCITS domiciled in the European Union continue to...
ICI President and CEO Eric J. Pan addresses the tax issues that have recently come to the forefront as Congress debates two significant pieces of legislation.
Investment Company Institute President and CEO Eric J. Pan issued the following statement today on the provision to repeal section 852(b)(6) of the Internal Revenue Code, the tax treatment of exchange-traded funds (ETFs) and mutual funds, contained within Senate Finance Committee...
Policymakers and commentators are paying more attention than ever to UCITS ongoing charges. This heightened scrutiny has led to two common misperceptions. First, that declines in UCITS ongoing charges are “too small.” Second, that UCITS ongoing charges are “too high.” ICI analysis on...
