Chairman’s Address 61st Annual General Membership Meeting George C. W. Gatch CEO, Global Funds Management and Institutional, J.P. Morgan Asset Management May 1, 2019 Marriott Wardman Park Hotel Washington, DC As prepared for delivery. Thank you, Yie-Hsin [Hung, GMM chair and New York...
Redemption Restrictions in the SEC’s Proposed Fund of Funds Rule Would Harm Retirement Savers ICI Provides Recommendations to Streamline Regulatory Framework While Avoiding Disruption for Investors Washington, DC; May 1, 2019—A Securities and Exchange Commission (SEC) rule proposal...
ICI Education Foundation Announces Partnership with Toigo Foundation Washington, DC; April 25, 2019—The Investment Company Institute Education Foundation (ICIEF) today announced its partnership with the Robert Toigo Foundation, a leading nonprofit dedicated to promoting greater...
ICI publishes statistics on the US retirement market every quarter as an information resource for mutual funds, individual investors, the media, policymakers, and researchers. This report includes individual retirement account (IRA) and defined contribution (DC) plan assets, including...
Last month, Senator Brian Schatz (D-HI) and Representative Peter DeFazio (D-OR) introduced the Wall Street Tax Act in the Senate and the House, respectively. The bill would level a tax of 10 basis points (or 0.1 percent) on the value of the securities transferred in financial...
IDC’s Amy Lancellotta to Retire After Three Decades of Service on Behalf of Fund Shareholders and Directors Washington, DC; April 4, 2019—Amy B. R. Lancellotta, managing director of the Independent Directors Council (IDC), will retire at the end of 2019, after completing 30 years of...
ICI Commends House Ways and Means Committee on Passage of Major Retirement Legislation Washington, DC; April 2, 2019—Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement after the House Ways and Means Committee today favorably...
Expense Ratios of Actively Managed and Index Funds Have Declined for More Than Two Decades Washington, DC; March 21, 2019—The average expense ratios of equity, hybrid, and bond mutual funds—including both actively managed and index equity and bond mutual funds—have trended downward...
General Counsel’s Address 2019 Mutual Funds and Investment Management Conference Susan Olson General Counsel Investment Company Institute San Diego March 18, 2019 As prepared for delivery. Good morning, everyone—thank you so much for joining us! This is somehow my third visit to San...
ICI Supports SEC’s Examination of Proxy Issues Proxy System Can Be Improved to Better Serve All Market Participants Washington, DC; March 15, 2019—The proxy system is vital to US capital markets and should be modernized, says the Investment Company Institute (ICI) in a comment letter...
