News Release Content

ICI published the 2026 edition of the Investment Company Fact Book. Since 1960, the Fact Book, a compendium of the research and analysis conducted by the Institute over the previous year, has served as the most comprehensive source of facts and data about the asset management industry in the United States and across the globe.

ICI filed today a letter strongly supporting the Securities and Exchange Commission’s proposal to amend Form N-PORT. The new SEC proposal rectifies the not-yet-effective 2024 amendments to the form, adopted under the previous SEC leadership.

As investments in private credit attract more public attention, questions about how these assets are valued are coming into sharper focus. ICI today released a new paper outlining how regulated funds approach private credit valuation and the governance frameworks that support it.

ICI published a position paper on the European Commission’s Market Integration and Supervision Package, setting out targeted recommendations to strengthen the practical functioning of the EU’s cross‑border fund market and support the success of the Savings and Investments Union.

ICI released a statement in response to the Department of Labor’s proposed rule on Fiduciary Duties in Selecting Designated Investment Alternatives.

ICI released a statement after the Financial Stability Oversight Council unanimously voted to publish its proposed interpretive guidance on nonbank financial company determinations.

A new report released by the Investment Company Institute shows the average expense ratios for both actively managed and index mutual funds have decreased over the past 29 years, contributing to the overall decline in mutual fund expense ratios.

The latest ICI paper outlines new industry data standards to improve subscription processing and client onboarding for alternative investments, removing a key operational barrier to expanding retail access to private markets.

ICI President and CEO Eric Pan issued a statement after the Securities and Exchange Commission granted the relief necessary to allow broker-dealers and other market participants to trade ETF shares of multi-class funds.

A new report from ICI and ISS Market Intelligence highlights how employers play a critical role in the success of 401(k) plans and in helping American workers prepare for retirement.