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Large institutional investors have begun the work toward transparency and accountability that will eventually move the needle from a diversity, equity and inclusion perspective.
Appreciation and encouragement of diverse skillsets within a team is a key facet to building and sustaining a successful investment firm, according to a fireside chat held at last month’s New York State Teachers’ Retirement System’s 13th annual MWBE Investments and Professional Services Conference.
Investment managers have notably increased the diverse representation of their workforces, particularly with Black members of the C-suite, according to the results of Segal Marco Advisors’ 2022 Survey of Investment Managers on Internal ESG Policies.
Meketa Investment Group will hold its next virtual emerging and diverse manager research day for public and private markets in April, the firm announced.
The $3.6 billion Dallas Employees’ Retirement Fund will resume in-person open house seminars for Next Generation Managers this year following their postponement due to the COVID-19 pandemic.
Floyd Tyler, founder, president and cio of Preserver Partners, died on Jan. 23.
U.S. colleges and universities’ adherence to ESG principles is growing as institutions have increased their commitment to ESG in their investment policies and portfolios, while others are considering incorporating policies, according to the 2022 NACUBO-TIAA Study of Endowments.
By now, most know that less than 2% of the U.S.-based investment management industry’s $82 trillion in assets is handled by diverse managers. Maybe less know that historically Black college and university endowments make up an even smaller percentage of higher education endowments nationally.
FEG Investment Advisors has announced leadership transition plans as President and CEO Becky Wood prepares to retire at the end of the year after more than 30 years of service.
