ICI Viewpoints
High-Yield Bond ETFs: A Source of Liquidity
The high-yield bond market has been buffeted recently, as market participants reassessed the risks...
High-Yield Bond Mutual Fund Flows: Some Perspective
Recent conditions in the high-yield credit markets have raised questions about the impact of market...
The First Move: MSRB Issues a Proposal for Shortened Settlement Cycle
Recently, the Municipal Securities Rulemaking Board (MSRB) opened the door on the regulatory filings...
Traders, Start Your Engines: After August 24, Exchanges Need to Coordinate
The extraordinary volatility in U.S. equity markets on August 24, 2015, exposed a significant...
Mutual Fund Investments in Private Placements: an Overview
Given recent media interest in mutual fund investments in private placements, it might be helpful to...
U.S. Bond ETFs Resilient on August 24
Some observers have suggested that equity market volatility on August 24, 2015, spilled over into...
Retirement Planning: No Place for Fairy Tales
It is sadly appropriate that Labor Secretary Thomas Perez invokes fairy tales in his Nov. 16...
Changes to Money Market Funds Are Showing Up in Data
In July 2014, the Securities and Exchange Commission (SEC) adopted new regulations for money market...
Correcting a Distorted Picture of Retirement Resources
Can 401(k) plans and individual retirement accounts (IRAs) provide the income that retirees need to...
Small Savers at a Loss
As ICI has pointed out before, the proposed rule from the Department of Labor (DOL) to redefine what...
The Wall Street Journal’s Dangerous Disservice to Investors
For 75 years, mutual funds have successfully met their regulatory obligation to fulfill redemption...
New York Times Paints False Picture of Funds’ Emerging Market Investments
With the global market turmoil over the past week, it’s no surprise that journalists are looking for...
Ignore the IMF’s Uninformed Call for a Third Round of Reforms to U.S. Money Market Funds
A year ago today, the U.S. Securities and Exchange Commission (SEC) voted to adopt sweeping reforms...
The IMF on Asset Management: Handle Empirical Results with Care
In this ICI Viewpoints series, we’ve examined the wide range of data errors, inconsistencies...
ICI Welcomes IOSCO’S Call to Focus on Products and Activities in Asset Management
ICI President and CEO Paul Schott Stevens today issued the following statement in response to the...
How SIFI Designation Could Undermine Fund Governance: Parsing the Fed’s Proposal for GE Capital
Fund boards and independent directors have a long history of serving shareholder interests, yet...
Cybersecurity: Managing Risk in an Increasingly Connected World
It’s increasingly obvious that we live in a world where cyber threats are evolving quickly and will...
Facing the Future: A Conversation with Former Chairmen
On the second day of ICI’s annual General Membership Meeting (GMM), held May 6–8 in Washington, DC...
Navigating Regulatory Developments and Meeting Investors’ Needs in a Global Industry
There is a great opportunity for capital markets to develop all over the world, presenting a huge...
The IMF on Asset Management: Sorting the Retail and Institutional Investor “Herds”
Part of a series of ICI Viewpoints about problems in the IMF’s analysis of the asset management...
How Millennials Are Shaping the Evolution of Investment Advice
The future of investment advice—as embodied in the youngest cohort of working Americans, known as...
The IMF on Asset Management: Which Herd to Follow?
Part of a series of ICI Viewpoints about problems in the IMF’s analysis of the asset management...
Fresh Perspectives on a Changing World
Implications of globalization, the impact of the Millennial Generation on product development, the...
The IMF on Asset Management: The Perils of Inexperience
Part of a series of ICI Viewpoints about problems in the IMF’s analysis of the asset management...
Build Bridges, Not Walls: An Admiral’s Perspective on Global Security
If we are to strengthen global security, retired U.S. Navy Admiral James G. Stavridis says, we...
SEC Chair White Affirms Agency Has Tools to Address Risks in Industry
The U.S. Securities and Exchange Commission (SEC) has the tools it needs to address systemic risks...
Opinion: The Tax Threat to Your Mutual Fund
Vanguard Chairman and CEO Bill McNabb sent “an open letter to all mutual fund investors” in the...
Nooyi’s Purpose, Pepsi’s Performance
We all have a moral compass. But for PepsiCo’s Indra Nooyi, “the moral compass of our lives must...
GMM Policy Forum: “It Always Comes Down to Trust”
Over the 75-year history of the modern mutual fund industry, funds have helped to democratize...
2015 Investment Company Fact Book: Letter from the Chief Economist
A version of this letter by ICI Chief Economist Brian Reid was released today in our 55th edition of...