Washington, DC; April 3, 2025—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan released the following statement after the Securities and Exchange Commission (SEC) issued a notice that it intends to grant an application for co-investment relief: “We welcome the...
Washington, DC; April 1, 2025—Investment Company Institute (ICI) President and CEO Eric Pan issued the following statement on the reintroduction in the US House of Representatives of legislation to send shareholder communications electronically, instead of through the mail. H.R. 2441...
Washington, DC; March 27, 2025—ICI’s latest research shows individual retirement accounts (IRAs), powerful tools for long-term savings, are a significant component of US households’ retirement planning. In mid-2024, 44 percent of US households reported that they owned IRAs, up from 34...
Washington, DC, March 26, 2025—Investor interest in lower-cost funds fueled the downward trend in average equity mutual fund expense ratios in 2024, a new report from the Investment Company Institute shows. The report, Trends in the Expenses and Fees of Funds, 2024, highlights that...
Brussels, Belgium, 19 March 2025—Investment Company Institute (ICI) Chief Global Affairs Officer Tracey Wingate issued the following statement on the European Commission’s Communication on the Savings and Investments Union (SIU): “ICI welcomes the European Commission's Communication...
ICI Calls on the SEC to Reform Regulatory Framework That Has Not Been Updated in 30 Years Washington, DC, March 17, 2025—Investment Company Institute (ICI) President and CEO Eric J. Pan today unveiled the Institute’s blueprint to reform the Investment Company Act of 1940 (1940 Act)...
Washington, DC; March 12, 2025—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan released the following statement after the Generating Retail Ownership Through Long-Term Holding Act (GROWTH Act) was introduced in the U.S. House of Representatives by Reps. Beth...
Brussels, Belgium, 10 March 2025—Investment Company Institute (ICI) Chief Global Affairs Officer Tracey Wingate released the following statement today after the European People's Party (EPP) Group called for an urgent procedure for the “stop the clock” proposal: “ICI welcomes the EPP...
Brussels, Belgium, 7 March 2025—Today, Investment Company Institute (ICI) Chief Global Affairs Officer Tracey Wingate released the following statement regarding ICI’s response to the European Commission’s call for evidence on the Savings and Investments Union (SIU). “ICI strongly...
Washington, DC; March 6, 2025—Continued strong inflows into money market funds (MMFs) sent assets 1 soaring by $51.15 billion to a record-breaking $7.03 trillion, the Investment Company Institute reported for the week ended Wednesday, March 5. Among taxable money market funds...
