News Release Content

APAC Region’s 2015 Fund Sales Outpaced Europe, Americas New Data from ICI Fact Book Available Online Washington, DC, 7 July 2016 - For the first time, net sales of regulated open-end funds in the Asia-Pacific (APAC) region outpaced sales in Europe or the Americas, according to new...

ICI Statement on Fair Access to Investment Research Act Washington, DC, June 24, 2016— Investment Company Institute General Counsel David Blass made the following statement on the introduction of S. 3092, the Fair Access to Investment Research Act, by Senators Dean Heller (R-NV) and...

IDC Letter to SEC Highlights Proper Role of Fund Boards Letter Outlines Approach to Limiting Directors’ Responsibilities Under SEC Rules to Fund Oversight Washington, DC, June 23, 2016 - The proper governance role of fund independent directors is oversight, not management, the...

ICI Responds to Financial Stability Board Report Washington, DC, June 22, 2016— Investment Company Institute President and CEO Paul Schott Stevens today issued the following statement in response to the report by the Financial Stability Board (FSB), Proposed Policy Recommendations to...

ICI Recordkeeper Data Show Retirement Plan Participants Continued to Save in 2015 Washington, DC, June 16, 2016 - Americans continued to save for retirement through defined contribution (DC) plans in 2015, according to ICI’s latest study of retirement plan savers’ actions. The study,...

ICI Statement on Appointment of Robert W. Cook as President and CEO of FINRA Washington, DC, June 13, 2016— Paul Schott Stevens, president and CEO of the Investment Company Institute, today issued the following statement on the appointment of Robert W. Cook as president and chief...

403(b) Plans Offer Diverse Investment Opportunities New BrightScope/ICI Research Examines Makeup of 403(b) Plan Designs Washington, DC, May 23, 2016 - More than 90 percent of 403(b) retirement plans offered by private-sector employers are now using a variety of plan features designed...

New Hires Continue to Favor Target Date Funds for 401(k)s Equities Remain Dominant Investment Choice for Plan Participants Washington, DC, April 28, 2016—Interest in target date and other types of balanced funds remained strong through 2014, with younger plan participants more likely...

ICI Urges Congress to Reject DOL Fiduciary Rule Lawmakers Should Advance Bipartisan Bills to Set a Best Interest Standard in Law Washington, DC, April 26, 2016 -ICI President and CEO Paul Schott Stevens today urged Congress to pass H.J. Res. 88, a resolution disapproving of the final...

ICI to Unveil Weekly Reports on ETF Net Issuance Washington, DC, April 25, 2016—The Investment Company Institute (ICI) will begin issuing a new report on weekly estimated exchange-traded fund (ETF) net share issuance, offering increased insight into this popular and growing market...