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Plan Sponsors Establishing Purpose Behind Programs; Measurement Must Move Beyond Activity
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 Diverse Asset Managers Initiative is calling on Securities and Exchange Commission commissioners to decline meetings with investment managers that do not fill out the agency’s diversity assessment report.
