News Release Content

UCITS managers responded to challenges created by the COVID-19-related market turmoil in March by using a variety of tools, according to a new paper—“Experiences of European Markets, UCITS, and European ETFs During the COVID-19 Crisis”—issued by the Investment Company Institute (ICI)...

Fund industry encourages companies to follow TCFD recommendations and SASB standards to help ensure accurate, comparable, and timely information Washington, DC; December 7, 2020—The Board of Governors of the Investment Company Institute (ICI) has unanimously approved a statement...

ICIEF Launches New Digital Resources to Foster Investor Education Washington, DC; November 23, 2020—The Investment Company Institute Education Foundation (ICIEF) today launched new digital resources to help individuals understand the important role of saving and investing in reaching...

ICI Statement on IOSCO Money Market Fund Note Washington, DC; November 20, 2020—ICI President and CEO Eric J. Pan issued the following statement upon the release of “Money Market Funds During the March–April Episode,” a note issued today by the International Organization of Securities...

Retirement Savers Undeterred by COVID-19 Economic Downturn Recordkeeper data covering first three quarters of 2020 show continued contributions, small increase in withdrawal activity Washington, DC; November 19, 2020—Americans overwhelmingly continued saving for retirement through...

Bill would give retail investors access to private investments and close a loophole that activist investors exploit at the expense of long-term shareholders Washington, DC; November 19, 2020—Investment Company Institute (ICI) President and CEO Eric J. Pan issued the following...

Growing Share of Young Households Own Mutual Funds, ICI Study Shows Washington, DC; November 19, 2020—Almost half of the 37.0 million households headed by a member of the Millennial Generation or Generation Z owned mutual funds in 2020, according to new research published today by the...

ICI President and CEO Eric J. Pan Responds to Release of Financial Stability Board’s Report on March Turmoil Washington, DC; November 16, 2020—Eric J. Pan, president and CEO of the Investment Company Institute, issued the following statement in response to “Holistic Review of the...

There were serious and widespread dislocations in short-term credit and other fixed-income markets before institutional prime money market funds experienced redemption pressure, and some Securities and Exchange Commission (SEC) reforms exacerbated—rather than mitigated—that pressure...

Miriam Bridges Named Vice President of ICI Education Foundation Washington, DC; November 5, 2020—Miriam Bridges was today named vice president of the ICI Education Foundation (ICIEF), succeeding Christina “Tina” Kilroy, outgoing vice president. In this role, Bridges will lead ICI’s...