Investment Company Institute (ICI)

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  1. Articles

    Who's spending what on political candidates?

    With Senate control at stake in tomorrow's election, interest groups representing the brokerage and insurance industries are spending substantially more than financial adviser groups, and are adding to their lead.

  2. Articles

    DOL fiduciary opponents point to UK experience to bolster their case

    A ban on financial advisers' charging commissions in the United Kingdom has driven investors with small accounts out of the advice market, according to a mutual fund official in Europe, something that Department of Labor fiduciary opponents argue could happen here.

  1. Articles

    ICI pushes back on too-big-to-fail label for big fund firms

    Breakfast with Benjamin: ICI resists 'Too Big to Fail' label for fund firms plus Crimea chooses Mother Russia and what that means for the markets. And guess what, the Fed is out of ammo, Pimco spins the Mohamed El-Erian departure while Mr. El-Erian opens a Twitter account.

  2. Articles

    Nobel Prize winner argues markets are efficient

    The work that earned Eugene Fama the Nobel Prize in economics provided the intellectual foundation for index-tracking funds, which have upended stock picking as investors have abandoned active money managers.

  3. Articles

    Investors continue to prefer equity to bond funds, ICI data show

    Flows to long-term mutual funds continue to reflect a preference for equities over fixed income, according to estimates from the Investment Company Institute. With continued uncertainty surrounding the expiration date of the Federal Reserve's monetary stimulus program, bond funds experienced

  4. Articles

    Mutual fund costs for 401(k) plans still dropping

    Mutual fund costs continue to tumble for 401(k) plans, thanks in part to plan sponsors' demands for cheaper investment options.

  5. Articles

    ICI criticizes risk council

    The Investment Company Institute, the mutual fund industry's main trade group, last week said that federal regulators exceeded their legal authority in urging the Securities and Exchange Commission to overhaul rules for money market funds.

  6. Articles

    ICI appoints longtime congressional aide to head political affairs

    Shevlin brought on board to help thwart money-market reform; has worked for three Dems in the House

  7. Articles

    Schapiro stands defiant on money market reform

    Securities and Exchange Commission Chairman Mary Schapiro is not backing down from her stance that the money market fund industry needs additional reform.

  8. Articles

    Three paths to income in retirement

    The search for retirement income sources in a low-yield environment has highlighted a trio of possibilities — some counterintuitive.

  9. Articles

    Fund firms want out of the pool, sue the CFTC

    Industry trade group up in arms over amendment to rule that exempted mutual funds from having to register as commodity pool operators

  10. Articles

    Three clouds on fund investors' horizon

    The following is an edited version of remarks made by Investment Company Institute general counsel Karrie McMillan on March 19 at the organization's Mutual Fund and Investment Management Conference in Phoenix.

  11. Articles

    SEC's Walters: Stop carping

    Securities and Exchange Commissioner Elisse Walter would prefer that firms kept their thoughts on money market fund reform out of the public eye.

  12. Articles

    Fund group warns of $1,000 shares

    Investors can say goodbye to $1 shares of money market funds and hello to $100 or even $1,000 shares if the Securities and Exchange Commission requires the funds to float their net asset value, Investment Company Institute general counsel Karrie McMillan said at the ICI conference last week.

  13. Articles

    Managed futures' performance fees lurk in loophole

    Mutual funds aren't allowed to charge hedge-fund-style performance fees, but some managed-futures funds are taking advantage of a loophole.