Investment Company Institute

Before the calendar flips to 2025, join us in celebrating 100 years of the mutual fund one last time! https://bit.ly/3ZQuybi

As 2024 comes to a close, join us in celebrating the 100th anniversary of the mutual fund and the incredible strides the industry has taken by watching our award-winning video, A Century of Growth! https://bit.ly/4bRvYqq

The new BrightScope/ICI Defined Contribution Plan Profile: A Close Look at ERISA 403(b) Plans, 2021 report highlights the growing popularity of target date funds in large ERISA 403(b) plans. Since 2009, the proportion of these plans offering target date funds in their core investment lineups has increased significantly, from about half of large ERISA 403(b) plans in 2009 to about nine in 10 plans in 2021. Read more: https://bit.ly/4gIHBDf

While a recent U.S. Government Accountability Office report supports the U.S. Department of Labor’s controversial fiduciary rule, ICI experts found that there is NO EVIDENCE that investors risk losing “tens of thousands of dollars” by purchasing mutual funds through brokers. Read more: https://bit.ly/3ZJQ4yq

Join us in congratulating ICI's own Erica Elliott Richardson on being named one of Ragan Communications and PR Daily's Top Women in Communications for 2025! This prestigious list includes women who are continuing to shape and advance the communications industry by inspiring and uniting their co-workers and peers, telling powerful stories for their organizations and clients, and so much more. Read more: https://bit.ly/3VI4EoT

Congratulations to ICI’s Strategic Communications team for winning PRWeek’s “Best Place to Work” award for the in-house category for the second year in a row! Read the full article on how our communications team fosters an environment of openness and creativity: https://bit.ly/4gpcjRb  

A new paper by ICI economists Peter Brady and Steven Bass uses tax data to detail changes in income as Americans transition from work into and through retirement. Click through the slides to get some of the key takeaways:  

Are you a law student interested in learning more about practicing in the asset management industry? Join us on January 24 for our annual virtual Talent Connection webinar featuring industry lawyers sharing their expertise with current law students. Students will have the opportunity to hear about the day-to-day of working in the asset management industry and have the chance to submit their resumes to member firms. Learn more about the webinar: https://bit.ly/3Bl2q8e 

ICI congratulates Rep. French Hill (AR-02) on being selected as chair of the House Financial Services Committee for the 119th Congress! His tremendous knowledge of the asset management industry is evident to all who know him, and he will continue to advance legislation putting American investors first. Read more: https://bit.ly/41zms9F

ICI provided input to the UK government’s call for evidence on its Financial Services Growth & Competitiveness Strategy, agreeing that the asset management sector specifically will play a key role in the strategy’s success. Read more: https://bit.ly/49yBlLr