ICI Applauds SEC Action to Amend Liquidity Disclosures and Propose a New Rule for Exchange-Traded Funds Washington, DC; June 28, 2018— Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement on action taken today by the Securities and...
Mutual fund shareholders were among the millions of people affected by the numerous natural disasters that affected the United States during 2017. The recent volcanic event in Hawaii is another reminder that disasters—natural or manmade—can strike anytime, anywhere. As both the summer...
Forget what you’ve heard about artificial intelligence (AI), Tom Eck, chief technology officer for IBM industry platforms, told the crowd at ICI’s 60th annual General Membership Meeting. Despite its depiction sometimes in popular culture as a malevolent force, he said, there is...
Emerging leaders in the asset management industry are at the forefront of changes that will fundamentally affect the business—from technology, to client expectations, to how to attract and retain top talent. During a panel at ICI’s Operations and Technology Conference, held...
Donald C. Auerbach to Become ICI’s Chief Operating Officer Washington, DC; June 21, 2018—Donald C. Auerbach will become chief operating officer (COO) of the Investment Company Institute in February 2019, ICI announced today. Auerbach currently is ICI’s co-head of government affairs...
Empowering a Pro-Growth Economy by Cutting Taxes and Regulatory Red Tape Statement of Paul Schott Stevens President and CEO Investment Company Institute US House of Representatives Committee on Financial Services June 20, 2018 Washington, DC As prepared for delivery. Thank you...
Serving investors is at the heart of asset management. Yet in today’s technology-driven world, in which personalized services and experiences dominate everything from banking to shopping, asset managers are having to rethink how to best meet the evolving needs of investors and...
Mutual Fund Expense Ratios in 401(k) Plans Continued to Decline in 2017 Washington, DC; June 19, 2018—The cost of investing in mutual funds through 401(k) plans fell again in 2017, according to “ The Economics of Providing 401(k) Plans: Services, Fees, and Expenses, 2017,” a research...
ICI Hires Christof W. Stahel as Senior Economist in Industry and Financial Analysis Washington, DC; June 18, 2018—The Investment Company Institute (ICI) has named Christof W. Stahel as a senior economist in industry and financial analysis. Stahel is a seasoned international economist...
