Every April, we celebrate Financial Literacy Month in the United States. But let’s be honest: there’s little cause for celebration when only 1 in 3 adults globally can answer basic financial questions. Even in the world’s most advanced economies, nearly half the population lacks the...
Washington, DC; April 28, 2025—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan issued the following statement in response to the Liberal Democratic Party’s Asset Management Diet Members Group (the Diet group)'s proposal on a “Policy Plan 2.0 for Promoting Japan...
Data is central to the work we do in ICI Research. We collect it from our members, download it from government websites, and purchase it from third-party vendors. We clean it, analyze it, and tabulate it. And then, we put it into research reports, blog posts, regulatory comment...
Washington, DC, April 28, 2025—Today, the Investment Company Institute (ICI) released the Investment Company Fact Book . The Fact Book, a compendium of research and analysis conducted by the Institute over the previous year, has served as a comprehensive source of statistical...
Washington, DC, April 14, 2025—Investment Company Institute (ICI) President and CEO Eric J. Pan sent a letter to Securities and Exchange Commission (SEC) Chairman Paul Atkins detailing ICI’s policy recommendations for the newly confirmed SEC chairman as he takes office. The...
Overview One of the most enduring questions in finance is the puzzle of why closed-end funds (CEFs) trade at a discount to their net asset values (NAV). Despite nearly 60 years of academic research, [1] the issue remains unsettled. [2] The issue is at the center of a current policy...
As Tax Day nears, ICI’s recently released research report on individual retirement accounts (IRAs) highlights their growth as tax-advantaged retirement savings vehicles. Introduced 50 years ago when the Employee Retirement Income Security Act (ERISA) was signed into law in September...
Washington, DC; April 9, 2025—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan released the following statement in response to the U.S. Senate confirming Paul Atkins as Chairman of the Securities and Exchange Commission (SEC): “ICI congratulates Paul Atkins on...
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...
