Brian Reid

chief economist

Brian Reid leads the Institute’s Research Department. The department serves as a source for statistical data on the investment company industry and conducts public policy research on fund industry trends, shareholder demographics, the industry’s role in U.S. and foreign financial markets, and the retirement market. Prior to joining ICI in 1996, Reid served as an economist at the Federal Reserve Board of Governors. He has a PhD in economics from the University of Michigan and a BS in economics from the University of Wisconsin–Madison.

Sean Collins

INDUSTRY AND FINANCIAL ANALYSIS

Sean Collins, Senior Director of Industry and Financial Analysis, heads ICI’s research on the structure of the mutual fund industry, industry trends, and the broader financial markets. Collins, who joined ICI in 2000, is responsible for conducting and overseeing research on the flows, assets, and fees of mutual funds, as well as a major recent research initiative to better understand the costs and benefits of laws and regulations governing mutual funds. Prior to joining ICI, Collins was a staff economist at the Federal Reserve Board of Governors and at the Reserve Bank of New Zealand. He has a PhD in economics from the University of California, Santa Barbara and a BA in economics from Claremont McKenna College.

Sarah Holden

RETIREMENT AND INVESTOR RESEARCH

Sarah Holden, Senior Director of Retirement and Investor Research, leads the Institute’s research efforts on investor demographics and behavior, retirement and tax policy, and international issues. Holden, who joined ICI in 1999, conducts and oversees research on the U.S. retirement market, retirement and tax policy, and the worldwide mutual fund industry, and leads ICI efforts to track trends in households’ retirement saving activity and ownership of funds and other investments inside and outside retirement accounts. Prior to joining ICI, Holden served as an economist at the Federal Reserve Board of Governors. She has a PhD in economics from the University of Michigan and a BA in mathematics and economics from Smith College.

Judy Steenstra

STATISTICAL RESEARCH

Judy Steenstra, Senior Director of Statistical Research, oversees the collection and publication of weekly, monthly, quarterly, and annual data on mutual funds, as well as data on closed-end funds, exchange-traded funds, unit investment trusts, and the worldwide mutual fund industry. Steenstra joined ICI in 1987, and was appointed Director of Statistical Research in 2000. She has a BS in marketing from the Pennsylvania State University.