How have exchange-traded funds (ETFs) weathered the intensifying financial market fallout from the COVID-19 pandemic? So far, it looks like ETFs are healthy and robust.
The Investment Company Institute (ICI) made a submission to the Securities and Exchange Commission (SEC) today recommending that the SEC issue guidance on the defenses that closed-end funds may use against professional activist campaigns. Specifically, ICI asked the Commission to...
The novel coronavirus disease, or COVID-19, is taking a heavy toll on the world economy—in lives, in the costs of responding, and in lost production and consumption. Worldwide financial markets reflect this. How are retail investors reacting? Are they panicking, selling out? Or are...
Emotions are the enemy of successful investing. For long-term investors, dollar-cost averaging is a smart way to take the emotion out of investing and to eliminate the difficulty and uncertainty of trying to time the market.
ICI Defined Contribution Plan Recordkeeper Data Show Continued Commitment to Retirement Saving Washington, DC; February 27, 2020—Defined contribution (DC) plan participants generally kept contributing to their retirement savings during the first three quarters of last year, according...
ICI, ICIEF Encourage Participation in “America Saves Week” to Promote Financial Literacy and Planning Washington, DC; February 24, 2020—The Investment Company Institute (ICI) and the ICI Education Foundation (ICIEF) are celebrating the beginning of “ America Saves Week 2020,” an...
2020 Academic and Practitioner Symposium on Mutual Funds and ETFs Paul Schott Stevens President and CEO Investment Company Institute February 21, 2020 University of Virginia Darden School of Business Arlington, VA As prepared for delivery. Good morning, and welcome. ICI is pleased to...
In a letter in the Independent Directors Council's 2019 Annual Review, IDC Managing Director Thomas Kim discusses the beginning of his role as head of IDC....
In a letter to the New York Times in response to an article published earlier this month, ICI President and CEO Paul Schott Stevens refutes claims that ICI and the Securities and Exchange Commission (SEC) are seeking to "water down" disclosure requirements....
Most people are aware that Social Security provides spousal benefits for husbands and wives who don’t have earnings. But there is another way for a non-working spouse to save for retirement: through a spousal individual retirement account (IRA). Now is the perfect time to contemplate...
