Latest News
Retirement Savers Undeterred by COVID-19 Economic Downturn
Americans overwhelmingly continued saving for retirement through defined contribution plans during the first three quarters of 2020, ICI research shows.- ICI Welcomes IOSCO Note on Money Market Funds During COVID-19
IOSCO should play a central role in considering any possible reforms for money market funds, says ICI President and CEO Eric J. Pan. - ICI’s Eric J. Pan Responds to FSB Report on March Market Turmoil
ICI looks forward to sharing with the Financial Stability Board its extensive research and expertise regarding regulated funds, Pan noted. - ICI Releases Latest Money Market Fund Asset Data
Money market fund assets increased by $2.14 billion to $4.33 trillion for the week ended Wednesday, November 18.
Key Issues
Growing Share of Young Households Own Mutual Funds
Almost half of the 37.0 million US households headed by a Millennial or member of Generation Z owned mutual funds in 2020, ICI data show.- Pandemic and Economic Shutdown Drove March Turmoil
ICI’s research on the market impact of COVID-19 analyzes financial markets’ reactions to the pandemic and the US government’s response. - Miriam Bridges Named Vice President of ICIEF
Bridges will lead ICI’s efforts to deepen investor education resources and partner with ICI members to enhance financial literacy. - ICI Applauds SEC’s Final Derivatives Rule
The final rule enables funds to continue using derivatives to deliver strong performance and manage risks for investors, while providing robust shareholder protections.
