From paying bills to ordering pizza, most people reach for an electronic device when they need information or want to make a transaction. Very few people use a telephone book. We check email much more frequently than the mailbox. And chances are, you aren’t reading a paper copy of...
Mutual funds and other registered investment funds direct trillions of dollars to their highest use, with investments that help turn breakthrough ideas into commercial successes and make thriving companies even better. In doing so, these funds play a crucial role in America’s economic...
When it comes to their investments, Americans enjoy more information, choice, and access to advice than ever before. And the costs of investing have plunged over recent decades, further empowering millions of Americans to achieve a secure retirement. Regrettably, the Department of...
Set against the backdrop of continued regulatory and legislative uncertainty, the 2024 Investment Management Conference (IMC) offered compliance professionals and other industry leaders the insights they need to navigate the ever-changing set of rules that govern asset management...
Custodians play a vital role in financial markets, reinforcing trust and serving investors by safeguarding assets. Existing practices in the custody business are longstanding and function exceptionally well. Yet the Securities and Exchange Commission (SEC) wants a sweeping expansion...
In May 2004, the Investment Company Institute formed the Independent Directors Council as a new independent entity to support and strengthen the vital role of fund independent directors. The press release announcing IDC’s formation highlighted that its programs, activities, and policy...
Despite the stormy weather in San Diego, the speakers and panelists at the first-ever ICI Innovate conference shined bright! From February 6–8, ICI brought together the most creative and innovative industry minds at the forefront of asset management’s embrace of technology. These...
Judging by some narratives, you might think that young Americans face a bleak financial future. Whereas Baby Boomers and older generations benefited from a robust economy and outsized investment gains, Gen Z and Millennials have suffered ballooning expenses and other economic...
The first mutual fund in the United States was created in 1924, which means that mutual funds and other pooled investment products have been part of our country’s economic success story for one hundred years. This anniversary is an opportunity to reflect on the profound impact these...
Open-end long-term mutual funds (“funds”) have a long history of successfully managing liquidity, enabling them to meet shareholder redemptions in a timely manner while pursuing their investment...
