News

News from the Emerging Manager space.

News
Majority Of Institutional Investors Find DEI Important: Survey

A majority of institutional investors find that diversity, equity and inclusion is an important aspect of their investment programs, particularly nonprofit organizations, according to a recent survey.

11.02.22
News
New York City Releases Inaugural MWBE Investment Report

New York City Comptroller Brad Lander released the inau­gural report on his office’s work with minority- and wom­en-owned investment firms and emerging managers on Nov. 1.

11.02.22
SEC Confirms DEI Factors Fall Within Fiduciary Duty
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SEC Confirms DEI Factors Fall Within Fiduciary Duty

The Securities and Exchange Commission has confirmed that incorporating diversity, equity and inclusion factors when rec­ommending or selecting investment managers for clients is consistent with an investment advisors’ fiduciary duty.

11.02.22
Proposed Bill Promotes Endowment Transparency & Diversity
News
Proposed Bill Promotes Endowment Transparency & Diversity

U.S. Representative Emanuel Cleaver (D-Mo.) has introduced a bill to help ensure colleges and universities are providing opportunities to women and minority asset managers.

11.02.22
News
New Diversity Tech Platform Debuts

A newly-launched diversity tech platform offering a certification program for financial services conferences has launched a new service to connect media with diverse sources.

10.05.22
News
Jensen Partners Releases Industry Report

Jensen Partners has released an updated alternative as­set industry diversity report.

10.05.22
Callan Opens Registration For Next EM Event
News
Callan Opens Registration For Next EM Event

Callan has opened registration for its upcoming Callan Connects event being held on Oct. 26.

10.05.22
PGIM Fixed-Income Names First DEI Head
News
PGIM Fixed-Income Names First DEI Head

PGIM Fixed Income has appointed Diane Parker as its first head of diversity, equity and inclusion, the firm announced.

10.05.22
News
Consistent Challenges For Emerging & Diverse Mgrs.: Verus Survey

Investment consulting firm Verus recently disclosed the results of its survey to managers participating in its 2022 emerging and diverse man­ager due diligence days, with most findings remaining consistent with results from prior years.

10.05.22
News
AAPI Women Face Double-Edged Sword In Career Success Path

Asian American and Pacific Islander (AAPI) women in investment management face a double-edged sword as many indicated they must break through two ceilings — bamboo and glass — to achieve success on their personal career paths, according to a new study

10.05.22