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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.
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.
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.
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.
Veterans Leverage Military Experience In Assessing Impacts Of War On Markets
The $884.1 million Firemen’s Annuity & Benefit Fund of Chicago has issued an RFP for minority-, women- and disabled-owned private equity managers.
The $11 billion Alameda County (Calif.) Employees’ Retirement Association expanded its emerging investment manager policy to include the private credit and absolute return asset classes.
The approximately $151 billion Pension Benefit Guaranty Corporation will host a virtual conference in anticipation of an upcoming RFP for fixed-income managers.
Ballmer Group announced a $400 million investment with four organizations focused on Black investment managers and businesses.
