The story line is based on data on mutual fund sales from the Investment Company Institute.
At the other extreme from Morningstar is the fund industry's lobby group, the Investment Company Institute.
In fact, the Investment Company Institute 2012 Fact Book implies the opposite is true.
FORBES: A Fighter Pilot's View Of Age-Based Asset Allocation
And the Investment Company Institute reports that deposits into mutual funds last week were the highest since early 2007.
FORBES: Strongly Bullish Winter Seasonality Lifts Stocks Again
Additionally, she is on the board of governors of the Investment Company Institute.
The average stock mutual-fund investor paid 0.79% in fees last year, according to the Investment Company Institute, a fund-industry trade group.
WSJ: Upside: Building a Dirt-Cheap Portfolio Is Getting Even Easier
Last week the Investment Company Institute (ICI) said domestic stock funds experienced their first week of net inflows since last August.
FORBES: AAII Investor Update: Investors Optimistic, But Problems Remain
The industry, represented by the powerful Investment Company Institute, has made it difficult to see the true cost of owning a fund.
FORBES: Mutual Funny Stuff: A Secret Settlement Hides Important Information
"We already have smaller members saying they cannot continue in this business, " says Paul Stevens, president of the Investment Company Institute lobby.
According to the Investment Company Institute, in the past three years, investors have moved unprecedented amounts of money from stocks to bonds.
According to the Investment Company Institute's latest tally, in February, there are 634 ETFs that trade on U.S. exchanges, up from 432 a year ago.
The Investment Company Institute found that a smaller percentage of investors under 35 were willing to take above-average risk compared to those age 35-49.
According to the Investment Company Institute, global equity has increased from 3.7% of total equity in retirement accounts in 1992 to 23% at year-end 2011.
FORBES: Currency's Impact On Your Portfolio: Five Things You Need To Know Now
The controversy surrounds the Investment Company Institute, the powerful fund lobby.
According to data from industry trade group ICI (Investment Company Institute) the average fees charged by actively managed equity mutual funds are 1.44 percent annually.
FORBES: Five Reasons Your Mutual Fund Probably Underperforms The Market
The proportion of private industry employees participating in 401(k)-style defined contribution plans rose from 36% in 1999 to 43% in 2008, according to Investment Company Institute data.
Twice the Investment Company Institute, the industry trade group, tried to persuade the SEC to regulate FolioFN as if it were a mutual fund, instead of a brokerage.
Equity fund investors in 2012 paid an average expense ratio of .77 percent for equity funds that are actively managed by professionals, according to the Investment Company Institute.
Just in the last two months, individual investors have been putting money back into stock mutual funds from money market funds, according to figures from the Investment Company Institute.
FORBES: IPO Market Showing Signs Of Life - Even For Stodgy Industrials
As of the third quarter of 2009, 9% of all household financial assets were in IRAs, up from 4% of assets two decades ago, according to the Investment Company Institute.
Data published by the Investment Company Institute shows that the amount of weekly estimated outflows from domestic equity mutual funds has decreased during four out of the past five weeks.
The Investment Company Institute counts 482 closed-end investment companies.
Among those who have weighed in on the draft: the Investment Company Institute (which represents mutual funds), the American Bankers Association, the Securities Industry and Financial Markets Association and the Vanguard Group.
But data from the Investment Company Institute, a mutual-fund trade group, show that net U.S.-stock mutual-fund purchases in March have been inconsistent and weak, raising questions about how enthusiastic the public really is.
According to the latest report from the Investment Company Institute, investors bailed out of bond mutual funds last week for the third straight week, and the exodus accelerated to the fastest pace since October, 2008.
Today a trade association for the mutual fund industry, the Investment Company Institute (ICI), released a study that reveals some surprising news: People who are just retiring now are better off financially than previous generations.
FORBES: Good News: Today's And Tomorrow's Retirees Are Better Off Than You Think
Though Millennials could bear the most risk in investment at their age, a survey by the Investment Company Institute reveals that fewer Gen Y investors are willing to take big financial risks, as compared to Gen X investors or their parents.
FORBES: Financial Insecurity Drives Millennials to Choose Renting
Since 1983, when the SEC revised its rules governing money market funds, there has been only one instance of a money market fund paying investors less than the principal they invested, according to the Investment Company Institute, a trade association for U.S. investment companies.
Today the largest money managers have access to powerful law firms, public relations specialists, industry lobby groups (the Investment Company Institute, in particular) and such cozy relations with regulators that they can be assured, except in the most blatantly mismanaged cases, that they can conceal any unethical or illegal practices in which they engage.
应用推荐