Managing your finances is serious business, so people may not often associate “fund” with “fun.” But that’s all right, because investors associate funds with something more important—achieving their financial goals. Mutual funds offer diversified, cost-effective investment management...
A version of this letter by ICI Chief Economist Sean Collins was released in the Institute’s 61st edition of the Investment Company Fact Book. 2020. What a year. I’m writing this letter sitting in my basement, which has served as my office this past year. It’s March 15, 2021, almost...
GMM Chair Lisa Jones kicks off the 62nd annual General Membership Meeting with welcoming remarks, reflections on the past year, and considerations of what may lie in the year ahead.
At the 2021 GMM, ICI President and CEO Eric J. Pan presents a path forward to a fit-for-purpose approach to climate-related disclosure for public companies.
Investment Company Institute (ICI) Deputy General Counsel for Retirement Policy David Abbey issued the following statement after the House Ways and Means Committee approved the Securing a Strong Retirement Act (H.R. 2954), also known as the SECURE Act 2.0:
Recently, ICI, SIFMA, and the DTCC announced that our organizations are collaborating on efforts to accelerate the US securities settlement cycle from two business days after a trade is executed (T+2) to one business day after a trade is executed (T+1). We’ve been discussing this...
As part of its leadership and work on ESG issues, ICI commends President Biden and Treasury Secretary Yellen for calling upon policymakers to enhance efforts to foster consistent information from companies about the risks of climate change.
New analysis by ICI shows that prime money market funds did not pull back significantly from the commercial paper market during the height of the market turmoil and “dash for cash” triggered by the COVID-19 health crisis in March 2020.
