Individual retirement accounts (IRAs) represent the largest share of assets in the US retirement market, with assets totaling $8.7 trillion at year-end 2018. Forty-six percent of this total is held in mutual funds, with IRA mutual fund investors primarily invested in equity funds. As...
Retirement Plan Participation Continues to Increase Nearly Two-Thirds of Workers Participate in an Employer Plan Washington, DC; August 5, 2019—American workers’ participation in employer-sponsored retirement plans is significantly higher than suggested by the most commonly cited...
Funds Take Investor-Centric, Nuanced Approach Toward Proxy Voting New ICI Report Shows Funds Vote Carefully and Conscientiously Washington, DC; July 29, 2019—Funds cast their votes on proxy proposals offered at portfolio companies in the interests of fund shareholders and consider a...
It’s a good idea to “mind the gap” if you’re traveling on the Tube in London, taking Amtrak in the United States, or riding Metro in Paris or Washington, DC. Being mindful of the space between where you are and where you’re going is important—not only when navigating public transit...
Mutual Fund Expense Ratios in 401(k) Plans Have Trended Downward Since 2000 Washington, DC; July 11, 2019—The cost of investing in equity and hybrid mutual funds through 401(k) plans fell again in 2018—while the average expense ratio of bond mutual funds remained stable, according to...
FSOC’s Proposals Would Promote Financial Stability, Not Undermine It By Paul Schott Stevens (As published in American Banker , June 28, 2019) Washington watchers often seem to have only one scale for measuring the regulations that govern our markets and economy: more versus less...
House Spending Bill Weakens Investor Protections Washington, DC; June 26, 2019— Investment Company Institute President and CEO Paul Schott Stevens issued the following statement today after the US House of Representatives passed the Financial Services and General Government...
Retirement Savings and the Role of Innovation and Technology Anna Driggs Director and Associate Chief Counsel, Global Funds Policy, ICI Global 26 June 2019 FundForum International Copenhagen The individual’s role in saving for retirement is growing as the paradigm shifts from a...
The world’s two largest economies, the United States and China, need to collaborate on technological innovation to do good for society and to have global impact, Joseph Tsai, Alibaba Group cofounder and executive vice chairman, said at ICI’s 61st General Membership Meeting.
