News
News from the Emerging Manager space.
The Milken Institute’s Center for Financial Markets has formed a DEI in Asset Management Executive Council, joining together industry leaders to address diversity and inclusion in the asset management space.
Diversity in the ownership of investment managers is vital for diverse representation throughout organizations as asset management firms owned by women and people of color are at least three times more likely to employ diverse teams when compared to firms led primarily by white men, according to a new study from the John S. and James L. Knight Foundation in partnership with Global Economics Group.
Investment consultant Callan has launched a new diversity, equity and belonging initiative.
More than two-thirds of endowments and foundations, 69%, are making diversity, equity and inclusion a priority — meaning part of their mission statement or actively discussed in board meetings, according to a recent survey.
The $911 million Alameda-Contra Costa (Calif.) Transit Employees’ Retirement Plan is conducting a diversity survey among its investment managers, according to March 17 board meeting materials.
Many institutional investors think diversity should be weighed when selecting an investment manager, however, a significant percentage have not yet hired a diverse-owned firm, according to a recent poll from investment consultant FEG Investment Advisors.
Ariel Investments produced a three episode podcast in celebration of Black History Month.
The Los Angeles City Employees Retirement System will be hosting its next emerging manager symposium on April 20.
Xponance has provided insights from its underlying international equity managers regarding their exposures to Russia and their views on the ongoing Russia-Ukraine war.
Mzengeza joined Applied Research Investments as a portfolio manager on Feb. 14, the firm announced.
