| Academic Literature in Support of CEF Activism: We Don’t Think Those Studies Mean What You Think They Mean |
| GAO Analysis Misrepresents Case for DOL Fiduciary Rule |
| First-Mover Advantage: The Theory Is Only as Good as Its Assumptions |
| Setting the Record Straight on Dilution, First-Mover Advantage, and Financial Stability Risk |
| Three Myths and Facts About Bank Deposits, Bank Lending, and Money Market Funds |
| Core Bond Mutual Funds Had Little Impact on the Investment Grade Corporate Bond Market |
| Policymakers Need to Focus on Economic Fundamentals and Not Blame Bond Mutual Funds: Examining the Evidence of Investment Grade Corporate Bond Yield Spreads in March 2020 |
| Policymakers Say Bond Mutual Funds Contributed Significantly to Treasury Market Stress but… |
| Setting the Record Straight on Bond Mutual Funds’ Sales of Treasuries |
| ICI Bond Mutual Fund Survey Brings Facts to the Debate |
| Common Sense Doesn’t Support Common Ownership Hypothesis |
| 2021 Investment Company Fact Book: Letter from the Chief Economist |
| Growth in Bond Mutual Funds: A Question of Balance |
| Growth in Bond Mutual Funds: See the Whole Picture |
| What’s in a Name, Redux: For Bond Mutual Funds, “Corporate” Matters |
| Bond Mutual Fund Outflows: A Measured Investor Response to a Massive Shock |
| Market Turmoil and Liquidity Crunch Rooted in the COVID-19 Pandemic |
| 2020 Investment Company Fact Book: Letter from the Chief Economist |
| Mutual Fund Flows in the COVID-19 Crisis |
| 2019 Investment Company Fact Book: Letter from the Chief Economist |
| Corporate and Investment Grade Bond Funds: What’s in a Name? |
| Funds and Proxy Voting: Funds Vote Thoughtfully and Independently |
| Funds and Proxy Voting: Who Submits Shareholder Proposals? |
| Funds and Proxy Voting: The Mix of Proposals Matters |
| “Common Ownership” Hypothesis Is Unconvincing |
| 2018 Investment Company Fact Book: Letter from the Chief Economist |
| Fund Investors Will “Run”? Sorry, Charlie Brown |
| Americans Rely on Stocks to Meet Their Financial Goals as Much as Ever |
| Applying Evidence to Theories on Regulated Funds |
| Simulating a Crisis |
| Average Expense Ratios for Long-Term Mutual Funds Continued to Decrease in 2016 |
| What's the “Exposure” of Money Market Funds to Europe? |
| Money Market Fund Reforms Combine with Bank Regulations to Boost Interest Rates |
| As Money Market Fund Investors Adjust, Funds Have Managed Flows |
| Matching Models to Reality: The Real-World Challenges to Regulators’ “First-Mover” Hypothesis |
| The “Waterfall Theory” of Liquidity Management Doesn’t Hold Water |
| Models vs. the Real World—Why Bond Funds Aren’t the Bond Market |
| New Research by New York Fed Confirms: Bond Funds Don’t Pose Systemic Risks |
| High-Yield Bond Mutual Fund Flows: An Update |
| High-Yield Bond Mutual Fund Flows: Some Perspective |
| The IMF on Asset Management: Sorting the Retail and Institutional Investor “Herds” |
| The IMF on Asset Management: Which Herd to Follow? |
| The IMF on Asset Management: The Perils of Inexperience |
| The IMF Is Entitled to Its Opinion, but Not to Its Own Facts |
| Once Again, Information Moves Markets |
| Why Long-Term Fund Flows Aren’t a Systemic Risk: Multi-Sector Review Shows the Same Result |
| Why Long-Term Fund Flows Aren’t a Systemic Risk: Understanding the Data on Institutional and Retail Investors |
| Why Long-Term Fund Flows Aren’t a Systemic Risk: Plus Ça Change, Plus C’est La Même Chose |
| Why Long-Term Fund Flows Aren’t a Systemic Risk: Past Is Prologue |
