The Institutional Investing Diversity Cooperative recently announced that its 24 institutional investment consulting members will begin reporting individual firm diversity statistics.
The $440 billion California Public Employees’ Retirement System and $309 billion California State Teachers’ Retirement System will be required to provide annual reporting on their investments with diverse and emerging managers to the state legislature.
Asian American and Pacific Islanders in the investment management industry face discrimination and biases that prevent career advancement, according to a new report from the Association of Asian American Investment Managers and Backstop Solutions Group.
The numbers show that investment consultant NEPC is exceeding its targets for diverse manager meetings.
Adjustments to how diverse ownership was defined altered the John S. and James L. Knight Foundation’s Diversity of Asset Managers Research Series: Philanthropy study when compared to the previous 2020 study, however, the ultimate end result was a roughly 1% increase in investments with diverse firms.
Large foundations continue to be leaders in investing with diverse- and women-owned firms, however, the overall numbers have only ticked slightly higher, according to an updated study from the John S. and James L. Knight Foundation.
Sector focus is very important to Chicago-based private equity firm Red Arts Capital as it leads to a level of expertise that might be overlooked by competing investment groups.
CornerCap Institutional continues to look inward in refining itself as it works for greater institutional investor interest.
Phocas Financial’s REIT strategy has kept the investment firm focused on how smaller allocations can provide alpha since launching in 2005.
The Toronto-based firm was founded in 2014 by President and CEO Christopher Page, who has over 40 years of experience in the asset management industry and previously served as a member of the Canadian Olympic Committee’s investment board.
This month, we have our annual look at the pipeline for diversity in the asset management space.