News Release Content

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...

Rule 30e-3 Will Produce Substantial Cost Savings for Shareholders Washington, DC, June 5, 2018—Yesterday, the US Securities and Exchange Commission (SEC) voted to approve rule 30e-3, which will modernize fund shareholder report delivery and benefit 100 million US fund shareholders...

Independent Directors Council Applauds SEC Approval of Online Delivery for Fund Shareholder Reports Washington, DC, June 5, 2018— Independent Directors Council (IDC) Managing Director Amy Lancellotta today issued the following statement after the Securities and Exchange Commission...

ICI Applauds Passage of Economic Growth, Regulatory Relief, and Consumer Protection Act Washington, DC, May 22, 2018— Investment Company Institute President and CEO Paul Schott Stevens issued the following statement after the US House of Representatives passed the Economic Growth...

ICI Supports SEC’s Fund Liquidity Disclosure Proposal Institute Agrees That Narrative in Shareholder Reports Will Promote Public Understanding of Funds’ Liquidity Risks Washington, DC, May 18, 2018—The Investment Company Institute (ICI) today strongly endorsed a proposal by the...

ICI Defined Contribution Plan Recordkeeper Data Show Retirement Plan Participants Continued to Save in 2017 Washington, DC, May 17, 2018—Almost all defined contribution (DC) plan participants kept contributing to their retirement savings during 2017, according to ICI’s “Defined...

IIFA Announces New Report of Historical Data on Worldwide Open-End Funds Assets and Flows Updated Quarterly in US, European, and Local Currencies Washington, DC, May 16, 2018—The International Investment Funds Association (IIFA) today is launching publicly available statistical...

ICI Hires Cynthia Pullom as Director, Financial Services Policy Washington, DC, April 30, 2018—The Investment Company Institute (ICI) has named Cynthia Pullom as director, financial services policy. She will report to Chief Government Affairs Officers and Co-Heads Donald C. Auerbach...

Expense Ratios of Actively Managed and Index Mutual Funds Have Declined for More Than Two Decades ICI Adds Analysis on Flow Data That Shows Demand for Lower-Cost Funds Washington, DC, April 30, 2018—The average expense ratios of equity, hybrid, and bond mutual funds—including both...