Retirement Savers Undeterred by COVID-19 Economic Downturn Recordkeeper data covering first three quarters of 2020 show continued contributions, small increase in withdrawal activity Washington, DC; November 19, 2020—Americans overwhelmingly continued saving for retirement through...
ICI President and CEO Eric J. Pan Responds to Release of Financial Stability Board’s Report on March Turmoil Washington, DC; November 16, 2020—Eric J. Pan, president and CEO of the Investment Company Institute, issued the following statement in response to “Holistic Review of the...
Miriam Bridges Named Vice President of ICI Education Foundation Washington, DC; November 5, 2020—Miriam Bridges was today named vice president of the ICI Education Foundation (ICIEF), succeeding Christina “Tina” Kilroy, outgoing vice president. In this role, Bridges will lead ICI’s...
There were serious and widespread dislocations in short-term credit and other fixed-income markets before institutional prime money market funds experienced redemption pressure, and some Securities and Exchange Commission (SEC) reforms exacerbated—rather than mitigated—that pressure...
ICI Applauds SEC’s Final Derivatives Rule Rule Provides Clarity on Use of Derivatives Washington, DC; October 28, 2020—Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement after the Securities and Exchange Commission (SEC) adopted its...
The Governing Council of the Independent Directors Council (IDC) has elected Kathleen T. Barr as its chair. Barr, who has served as IDC vice chair for the past year, is an independent director of William Blair Funds and Professionally Managed Portfolios.
Washington, DC; October 27, 2020—The Investment Company Institute Education Foundation (ICIEF), through its partnership with the Toigo Foundation, has awarded grants to two fellows—William Bryant, a master of business administration (MBA) candidate in the New York University Stern...
Costs for European UCITS Continued Downward Trend Average ongoing charges for equity and fixed-income funds fell in 2019 London, 26 October 2020—New Investment Company Institute (ICI) research shows average ongoing charges for equity and fixed-income UCITS domiciled in the European...
