Study by IDC and ICI Shows Boards Exceed Regulatory Mandates Washington, DC; October 15, 2019—Fund boards continue to safeguard the interests of shareholders by engaging in and maintaining strong governance practices, the Independent Directors Council (IDC) and Investment Company...
For tens of millions of Americans, mutual funds and exchange-traded funds (ETFs) are the most convenient, cost-effective, transparent, and well-regulated tools available to meet their important financial goals. Both investment vehicles are governed by the Investment Company Act of...
ICI Applauds Creation of SEC Asset Management Advisory Committee Washington, DC; October 9, 2019—Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement in response to the announcement of the Securities and Exchange Commission (SEC)...
George C. W. Gatch Reelected ICI Chairman New Governors Elected to Board of Investment Company Institute Washington, DC; October 3, 2019—The Board of Governors of the Investment Company Institute (ICI) has elected ICI Chairman George C. W. Gatch, chief executive officer of J.P. Morgan...
Independent Directors Council Reelects Chair Dawn Vroegop; Kathleen T. Barr Named Vice Chair Three New Governing Council Members Selected Washington, DC; October 3, 2019—The Governing Council of the Independent Directors Council (IDC) reelected Dawn Vroegop as its chair for a second...
Below is an abridged version of a letter by ICI Chairman George C. W. Gatch and ICI President and CEO Paul Schott Stevens that was released in ICI’s 2019 annual report. To read their full letter, please see ICI’s 2019 Annual Report to Members.
ICI Welcomes Senate Confirmation of Eugene Scalia as Labor Secretary Washington, DC; September 26, 2019— Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement after the US Senate today confirmed Eugene Scalia to serve as secretary of...
ICI Praises the SEC for Modernizing and Streamlining ETF Regulatory Framework Washington, DC; September 26, 2019— Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement after the Securities and Exchange Commission (SEC) adopted a new...
The mutual fund industry has supposedly reached a significant tipping point: assets in US index mutual funds and exchange-traded funds have surpassed those in US actively managed funds, according to preliminary data from Morningstar. The Investment Company Institute's more...
How are asset managers investing in the future? To help answer this question, Accenture conducted a joint study with ICI and released a report highlighting the growing importance of technology to successfully navigate the changing tides in the asset management industry. Whether it’s...
