News
News from the Emerging Manager space.
Shundrawn Thomas will leave his role as president of Northern Trust Asset Management to co-found a new diverse-owned and led business.
DUMAC, the investment management arm of Duke University, increased the diversity of its $12.6 billion endowment by almost 4% between 2020 and 2021.
Investment consultant NEPC continues to see improvement in the diversity, equity and inclusion space for its clients as approximately 59% used diverse managers in their portfolios in 2021.
Cambridge Associates increased the number of diverse manager relationships in client portfolios as well as the percentage of assets invested with diverse managers in 2021.
Many nonprofit investors striving to allocate more assets to diverse-owned managers want to immediately start working toward concrete outcomes, however, the investors should first focus on definitions and policy.
A new bill has been introduced that would aim to increase diversity in the asset management sector.
Mercer has appointed Christopher Williams as global inclusion and diversity leader, the firm announced.
The $31.5 billion Los Angeles Fire & Police Pension System will conduct a diversity, equity and inclusion survey of its public and private markets managers, according to April 7 meeting materials.
The $1.1 billion City of Hartford (Conn.) Municipal Employees’ Retirement Fund has released its first annual diversity report card.
The CFA Institute has announced 16 organizations as signatories to the newly launched voluntary Diversity, Equity and Inclusion Code for the Investment Profession in the United States and Canada.
