With more than $25 trillion in assets, IRAs, 401(k)s, and similar retirement accounts are a growing source of financial security for everyday Americans. Balances in these accounts have climbed to or near record highs, helping the average long-term saver build a meaningful nest egg...
The Investment Company Fact Book is a vital tool in ICI’s efforts to provide reliable data to the public discourse surrounding regulated funds. Now in its 64th edition, ICI’s flagship product remains...
ICI’s 2024 Leadership Summit brought together central figures in asset management, technology, and government, sparking thought-provoking conversations about the future of investing. Against the backdrop of rapid innovation, monumental policy proposals, and a celebration of the mutual...
In 1957, the National Association of Investment Companies, predecessor to the Investment Company Institute, produced its first consumer education film: The Hope that Jack Built. Featuring a bow tie-wearing character named Jack, the seven-minute short film played in movie theaters...
As ICI celebrates the 100th anniversary of the mutual fund, we’re all celebrating 100 years of innovation across the regulated funds industry—innovation that has enriched everyday investors. In 1924, when the Massachusetts Investors’ Trust opened, no one could have imagined today's...
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...
