The 61st annual GMM dinner event will take place on Thursday evening, May 2, at the Smithsonian National Air and Space Museum on the National Mall. Come enjoy cocktails, hors d’oeuvres, and unbeatable networking while celebrating the 50th anniversary of the first moon landing and exploring fascinating exhibits on aviation and space exploration.
History of the General Membership Meeting
Sponsored by the Investment Company Institute, the General Membership Meeting (GMM) provides fund industry executives with a forum to discuss key issues, hear from regulators and policymakers, and welcome colleagues from around the world. Service providers and the media are important parts of the event.
The 60th Annual ICI General Membership Meeting, to be held in Washington, DC, in 2018, will celebrate the extraordinary evolution and success of the investment company model since the creation of the first modern mutual fund in 1924.
Here is a brief look at notable developments through the history of the General Membership Meeting.
The first GMM was held in October 1959 at the Hotel Savoy-Hilton in New York City. New York Governor Nelson Rockefeller spoke, telling the crowd that “the pioneering which you have done so effectively in this country is making it possible for the small investors, the men and women with small savings, to stay abreast of the growth of the economic life of this country…[and] is now finding a pattern and an adaptation in other parts of the world.” In 1959, there were about 160 funds with $17 billion in assets.
In 1965, the seventh GMM attracted a record 355 people, including “members, their wives, representatives of federal and state regulatory agencies,” and others. Vice President Hubert Humphrey was the keynote speaker.
In 1971, the GMM moved to Washington, DC. The first meeting in the capital featured a speech by Caspar Weinberger, who was deputy director of the White House Office of Management and Budget in the Nixon Administration. Russell Train, chairman of the newly created White House Council on Environmental Quality, also spoke, signifying the birth and the importance of modern environmentalism.
When ICI held its 40th Annual GMM in 1998, investment company assets totaled $5.5 trillion. About 77.3 million individual investors in 44.4 million households owned fund shares. Secretary of Labor Alexis Herman addressed the annual meeting, examining “Retirement Security Issues in the Next Millennium.”
In 2010, ICI began holding three major events concurrently with the GMM: the Mutual Fund Compliance Programs Conference, the Operations and Technology Conference, and the Independent Directors Council's Fund Directors Workshop. These complementary events continue to bring together fund industry professionals and directors from the widest range of disciplines to enrich the GMM experience and provide attendees with more choice and overall value.
In 2018, the 60th annual GMM attracted more than 1,500 attendees representing an international fund industry comprising almost 114,000 open-end regulated funds that, in total, manage assets of more than $40 trillion.
Sponsor ICI’s 61st Annual General Membership Meeting!
Exclusive sponsorship opportunities associated with the General Membership Meeting’s most popular events offer special benefits that will raise your organization’s profile while capturing the attention of the fund industry’s key executives and decisionmakers. Choices include sponsoring receptions in the Exhibit Hall, branding tote bags, supporting the conference’s special dinner event or breakfast event, new signage and branding opportunities throughout the event space, a chance to display your company’s commercial on a video wall, and so much more!
Sponsorship opportunities and affiliate event information are listed below. Please read the sponsorship prospectus to learn more about our sponsorship opportunities and their benefits.
Source: Event Website
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