Features/Profiles
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 hedge fund space is either seemingly ready for its return to prominence within institutional portfolios or continues to be nudged aside as investors focus on illiquid assets – it just depends on what day you ask.
Early-stage venture capital firm 550 Capital Partners has launched to invest in startup companies led by military veterans.
While the concept of supporting veterans is nothing new, its pervasiveness within the institutional investment space and the recognition of veteran-owned firms within the emerging manager community remains to be seen.
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.
While firms conduct academic research to expand on their knowledge of investment management and portfolio analysis, the research is empirical in nature, backed by data, has numerous sources and can most often be found on networks such as the Social Science Research Network, according to the experts.
New York City Retirement Systems newest report details investments with diverse and emerging managers.