As America celebrates its 250th year, ICI considers the significance of ongoing investment in the nation's infrastructure. For millions of Americans, participation comes through mutual funds, ETFs, and closed-end funds that invest in municipal bonds, which finances about 90% of US public infrastructure.
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1Municipal bond fund assets by state do not equal total municipal bond fund assets because of a small amount of assets missing state information. 2Data are estimated by dividing municipal bond fund...
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.
Read opening remarks from ICI General Counsel Paul Cellupica as he kicks off the 2026 Investment Management Conference and provides updates to key industry priorities.
Asset management firms are navigating rapid change—from new technologies to shifting regulatory expectations. Legal and compliance teams are playing a central role as firms rethink governance, investor protection, and organizational design. These issues come together at ICI’s 2026 Investment Management Conference, March 22–25 in Palm Desert, California. The program arrives at a pivotal moment, reflecting broader transformations in how the industry operates and serves investors.
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.
ICI released a statement regarding the Securities and Exchange Commission’s Division of Investment Management’s newly released frequently asked questions on collateralized loan obligations.
