News
News from the Emerging Manager space.
Cambridge Associates increased the number of diverse manager relationships in client portfolios as well as the percentage of assets invested with diverse managers in 2021.
Many nonprofit investors striving to allocate more assets to diverse-owned managers want to immediately start working toward concrete outcomes, however, the investors should first focus on definitions and policy.
A new bill has been introduced that would aim to increase diversity in the asset management sector.
Mercer has appointed Christopher Williams as global inclusion and diversity leader, the firm announced.
The $31.5 billion Los Angeles Fire & Police Pension System will conduct a diversity, equity and inclusion survey of its public and private markets managers, according to April 7 meeting materials.
The $1.1 billion City of Hartford (Conn.) Municipal Employees’ Retirement Fund has released its first annual diversity report card.
The CFA Institute has announced 16 organizations as signatories to the newly launched voluntary Diversity, Equity and Inclusion Code for the Investment Profession in the United States and Canada.
The Milken Institute’s Center for Financial Markets has formed a DEI in Asset Management Executive Council, joining together industry leaders to address diversity and inclusion in the asset management space.
Diversity in the ownership of investment managers is vital for diverse representation throughout organizations as asset management firms owned by women and people of color are at least three times more likely to employ diverse teams when compared to firms led primarily by white men, according to a new study from the John S. and James L. Knight Foundation in partnership with Global Economics Group.
Investment consultant Callan has launched a new diversity, equity and belonging initiative.
