Prime Buchholz’s DEI data and scoring system has helped it recommend more diverse managers to its institutional clients, however, furtherance remains as 31% of recommended firms were in the lowest scoring DEI cohorts.
Plan Sponsors Establishing Purpose Behind Programs; Measurement Must Move Beyond Activity
Calls for diversity measurement in the asset management space are increasing, with investors, politicians and regulators leading the push for further transparency – with varying results.
The push and pull between direct emerging manager programs versus the utilization of emerging managers-of-managers has been consistent through the years, with an overall lack of movement on both ends.
The investment management industry is reevaluating how it defines and monitors diversity as conversations on the subject continue to gain momentum.
The focus on diversity within the institutional asset management industry has left non-diverse managers within the emerging manager space in a precarious position.
The Diverse Asset Managers Initiative is calling on Securities and Exchange Commission commissioners to decline meetings with investment managers that do not fill out the agency’s diversity assessment report.
Black woman-led and employee-owned investment manager Xponance has hired Lisa Hinds as managing director of client engagement and sustainability, the firm announced.
StoneRidge Investment Partners has evolved with the times.
V-Square Quantitative Management launched its first thematic exchange traded fund in December.
This month we have our annual LGBTQ+ feature in recognition of Pride Month.