• PWC

Managers Wedded To Diversity Status Quo

Updated: Sep 9

More asset managers are paying more attention to diversity than before, but they remain relatively wedded to the status quo when it comes to actually improving metrics, says Meketa Investment Group’s annual ‘Diversity, Equity & Inclusion Questionnaire.’ Asset managers are most willing to report annual diversity statistics to their clients ??? 52 per cent said they share this information. As well, 49 per cent share data with consultants, 39 per cent with prospects, and 23 per cent with regulators. However, what that information shows is there has been little change overall in terms of the makeup of these firms, particularly at the leadership level. The top quartile of asset managers ??? those with a staff makeup of more than 42 per cent women ??? saw no year-over-year increase in terms of gender diversity. This was also the case with the top quartile in terms of the gender makeup of portfolio managers. The top-tier firms, those that reported that more than 20 per cent of their portfolio managers are women, saw no change in the number of female portfolio managers on their teams.

1 view0 comments

Recent Posts

See All

Even with the tremendous volatility in the sector, there are many more traditional hedge funds investing in crypto and more specialist crypto funds being created as the digital asset class gains accep

Wealth management firms and financial advisors need strong knowledge of growth areas such as sustainable investing and crypto-related assets going forward despite the biggest growth in wealth in more

COVID-19 caused high levels of inflation in 2021 and into 2022 as the pandemic shifted demand away from services and towards goods while also disrupting global supply chains, says Aon. Its ‘Inflationa