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Report of the COVID-19 Market Impact Working Group

The COVID-19 Market Impact Working Group, made up of senior industry executives, was charged by the Executive Committee of ICI’s Board of Governors to examine the causes of the 2020 market turmoil and the experiences of regulated funds.

As policymakers around the globe study the events and causes of March 2020, ICI’s Working Group Report—released as a series of papers and written by ICI Global and ICI’s Research, Law, and Industry Operations groups—provides a data-based foundation for future regulatory discussions or other responses that could affect regulated funds and their investors.

Experiences of US Bond Mutual Funds
In addition to the Working Group Report, ICI Research released an ICI Viewpoints series to examine US bond mutual funds during the crisis.