According to a report by the U.S. House Committee on Financial Services “Although women and minority-owned firms account for approximately 8.6 percent of the asset management industry, recent reports show that they only manage 1.1 percent of all assets under management or $785 billion out of $71.4 trillion, and are underrepresented as managers in every asset class.”
This is especially problematic in light of research conducted by Bella Research Group and Harvard Business School, which found that “returns in general are statistically indistinguishable between diverse-owned and non-diverse-owned firms”.
The panel will feature speakers from several managers who have taken active steps to diversify their team and their investments. Attendees will learn more about diverse managers and active ways that investors can make the leap from talking about them to funding them.
