News Release Content

State Street’s James Ross to Lead Industry ETF Efforts Washington, DC, June 7, 2010 - The Investment Company Institute today announced that James Ross, senior managing director of State Street Global Advisors, will serve as Chairman of the Institute’s Exchange-Traded Funds (ETF)...

ICI Statement on U.S. Senate Approval of Regulatory Reform Bill Washington, DC, May 21, 2010 - ICI President and CEO Paul Schott Stevens made the following comment on U.S. Senate approval of H.R. 4173, as amended by S. 3217, a bill designed to reform the nation’s financial regulatory...

ICI Supports Final Recommendations of the Tri-Party Repo Infrastructure Reform Task Force Washington, DC, May 17, 2010 - ICI President and CEO Paul Schott Stevens made the following statement about the final report and recommendations of the Tri-Party Repo Infrastructure Reform Task...

Retirement Assets Total $16.0 Trillion at Year-End 2009 Washington, DC, May 6, 2010 - Americans held $16.0 trillion in retirement assets at the end of 2009, accounting for 35 percent of all household financial assets in the United States, the Investment Company Institute reported...

Americans Committed to Saving for Retirement: ICI Year-End Data T. Rowe Price data show participant balances have recovered nearly to pre-crash levels amid increased adoption of automated services and target-date portfolios Washington, DC, April 26, 2010 – After the worst market crash...

ICI to Convene Annual Meeting With Multiple Events May 5-7 Agenda Features Key Regulators, Federal Lawmakers, and Industry Leaders Washington, DC, April 19, 2010 - This year the mutual fund industry will gather for ICI’s 52nd Annual General Membership Meeting May 5-7 in Washington, DC...

ICI Study: Mutual Fund Expense Ratios Ticked Up in 2009, While Total Fees and Expenses Remained Steady Average Investor Cost Constant as Drop in Sales Charges Offsets Rise in Expenses Washington, DC, April 13, 2010 - The average expense ratios of stock funds and bond funds rose...

ICI Education Foundation Awards Additional Metro DC Investor Education Grants Washington, DC, April 8, 2010 - The Investment Company Institute Education Foundation (ICIEF) has announced two additional grants to advance investor education within the greater metropolitan Washington, DC...

IDC Comments on Jones v. Harris Decision Court’s Ruling Recognizes Key Oversight Provided by Independent Directors Washington, DC March 30, 2010 - Michael S. Scofield, independent director of Evergreen Funds and chairman of the Independent Directors Council, issued the following...

ICI Responds to Supreme Court Decision in Jones Stevens Hails ‘Stability and Certainty’ for Funds, Directors, and Investors Washington, DC, March 30, 2010 - Today the U.S. Supreme Court announced its unanimous ruling in Jones v. Harris Associates LP. ICI President and CEO Paul Schott...