News Release Content

ICI Education Foundation: Financial Awards Available for DC High School Students Participating in National Financial Education Program Washington, DC, October 18, 2010 - The Investment Company Institute Education Foundation (ICIEF) today announced a new awards program designed to...

Independent Directors Council Names New Chair and Six New Governing Council Members Washington, DC, October 8, 2010 - The Governing Council of the Independent Directors Council (IDC) has elected Dorothy A. Berry as its new Chair. Ms. Berry, independent director of PNC Funds and...

ICI Chairman Edward Bernard Elected to Second Term New Members Elected to Board of Investment Company Institute Washington, DC, October 8, 2010 - The Investment Company Institute’s Board of Governors has elected ICI Chairman Edward C. Bernard to serve an additional one-year term. In...

ICI Statement on House Approval of Regulated Investment Company Modernization Act Washington, DC, September 29, 2010 - Investment Company Institute President and CEO Paul Schott Stevens made the following statement about the recent approval by the U.S. House of Representatives of H.R...

ICI Study: Mutual Fund Shareholders’ Risk Tolerance Has Not Rebounded Since the Financial Crisis Washington, DC, September 28, 2010 - Mutual fund shareholders’ overall willingness to take investment risk has not rebounded since the financial crisis, according to a newly updated ICI...

Average Expense Ratios Edged Up for Stock and Bond Funds in 401(k) Plans in 2009 Study Shows 401(k) Investors Continue to Gravitate to Lower-Cost Mutual Funds Washington, DC, September 16, 2010 - 401(k) plan participants invested in mutual funds on average paid slightly higher expense...

Retirement Snapshot, First Quarter 2010 Investors Staying the Course, Assets Are Up Washington, DC, August 4, 2010 - Newly released data on almost 24 million defined contribution (DC) retirement accounts shows that in the first quarter of 2010, investors’ commitment to 401(k) and...

New IRA Investor Research Project Taps Account-Level Data for Additional Insight into IRA Use First Report Using New Database Examines IRA Contributions Washington, DC, July 27, 2010 - A new database that collects account-level data of more than 10 million individual retirement...

ICI Statement on Enactment of Financial Regulatory Reform Bill Washington, DC, July 21, 2010 - Today, Investment Company Institute Paul Schott Stevens made the following statement as President Obama signed into law a new financial services regulatory reform bill: “For the past two...

University of Maryland to Receive ICI Education Foundation Grant for Investor Education Programs Washington, DC, July 7, 2010 - The Investment Company Institute Education Foundation (ICIEF) is awarding an investor education grant in the amount of $19,250 to the University of Maryland...