News
News from the Emerging Manager space.
More than two-thirds of endowments and foundations, 69%, are making diversity, equity and inclusion a priority — meaning part of their mission statement or actively discussed in board meetings, according to a recent survey.
The $911 million Alameda-Contra Costa (Calif.) Transit Employees’ Retirement Plan is conducting a diversity survey among its investment managers, according to March 17 board meeting materials.
Many institutional investors think diversity should be weighed when selecting an investment manager, however, a significant percentage have not yet hired a diverse-owned firm, according to a recent poll from investment consultant FEG Investment Advisors.
Ariel Investments produced a three episode podcast in celebration of Black History Month.
The Los Angeles City Employees Retirement System will be hosting its next emerging manager symposium on April 20.
Xponance has provided insights from its underlying international equity managers regarding their exposures to Russia and their views on the ongoing Russia-Ukraine war.
Mzengeza joined Applied Research Investments as a portfolio manager on Feb. 14, the firm announced.
The $70.6 billion Maryland State Retirement & Pension System has hired financial technology firm Lenox Park Solutions to conduct a diversity study for its asset managers.
Emerging and diverse managers can find success even when their path to gathering assets may be riddled with obstacles, according to three female founders of firms partnered with the New York State Common Retirement Fund during its 15th annual Emerging Manager & MWBE Conference held virtually on Feb. 16.
Investment consulting firms are still predominantly led and staffed by white males, an updated survey shows.
