News Release Content

ICI Chairman Urges Industry to Maintain Funds’ Benefits, Investor Protections Washington, DC, May 23, 2002 - Investment Company Institute Chairman Terry K. Glenn today told the nation’s largest gathering of investment company executives that the enduring benefits and investor...

Pitt, McCullough to Address Mutual Fund Annual Meeting Washington, DC, April 29, 2002 - The Investment Company Institute announced today that U.S. Securities and Exchange Commission Chairman Harvey L. Pitt and Pulitzer Prize-winning author David McCullough will address the Institute’s...

Mutual Fund Industry Annual Meeting Set for May 22–24 Washington, DC, March 20, 2002 - The Investment Company Institute’s General Membership Meeting (GMM), the nation’s largest annual gathering of mutual fund industry leaders, will take place May 22 through May 24 in Washington, DC at...

Institute President Issues Statement Regarding Pension Reform Proposals Contacts: John Collins, 202/326-5864 Chris Wloszczyna, 202/326-5889 Washington, DC, February 1, 2002 - The following is a statement from Investment Company Institute President Matthew P. Fink on the Bush...

Mutual Fund Leaders Ask Congress for Tax Relief for Mutual Fund Shareholders Washington, DC, December 10, 2001 - In a letter to members of Congress, nearly 90 mutual fund industry leaders, whose firms manage about 85 percent of shareholder accounts in the United States, sought support...

EBRI/ICI Study Finds 401(k) Plan Participants’ Asset Allocation Basically Unchanged in 2000 Despite Market Volatility, 401(k) Plan Investors Continue to Favor Equities Washington, DC, November 19, 2001 - New research released today by the Investment Company Institute (ICI) and the...

Institute Research Profiles Mutual Fund Investors Typical Fund Investor has Long-Term Financial Goals Washington, DC, November 12, 2001 - Today’s mutual fund shareholder invests primarily to meet retirement goals, has a long-term financial perspective, is not overly concerned with...

Investment Company Institute Re-Elects Chairman, Elects Board Members Washington, DC, October 5, 2001 - The Investment Company Institute’s Board of Governors today elected Terry K. Glenn, Chairman of the Americas and President of Merrill Lynch Funds, Merrill Lynch Investment Managers...

Majority of U.S Households Own Mutual Funds Washington, DC, October 3, 2001 - The estimated number of U.S. households owning mutual funds grew to 54.8 million—or 52 percent of all U.S. households—during the past year, up from 51.7 million households—or 49 percent of all U.S...

Institute Identifies Industry-Related and Other Relief Funds Washington, DC, September 21, 2001 - A number of employees at Institute member firms were among those whose lives were taken on September 11. We offer our deepest sympathy to their families and to others who have lost family...