Alternatives
Alts Grow Bigger and Bigger in Institutional Portfolios
Some 86% now invest in alternatives, says Nuveen survey.
Tag: diversity
Asset Allocation
Diversity Efforts at Private Equity Firms Have a Long Way to Go
More institutional investors are calling for equity and inclusion, but challenges remain in disclosures and transparency.
Research
Pandemic Accelerates Social Risks to Investment Portfolios
State Street Global Advisors report says 2020 increased the importance of the ‘S’ in ESG.
Opinion
Q&A: Shundrawn Thomas Discusses His Push for Diversity, Empathy
The president of Northern Trust Asset Management has written several open letters about the unequal toll marginalized communities face.
Asset Management Culture
Diversity Quotas ‘Absolutely’ Work, Ursula Burns Says
The businesswoman striving to diversify the racial and ethnic makeup of corporate boards talks about the most effective strategies.
Asset Management Culture
Massachusetts’ Pension Fund Increases Corporate Diversity Standards
Board of $86.9 billion state fund also calls for portfolio companies to guarantee health care for workers.
Asset Management Culture
Raytheon Technologies to Launch Diverse Manager Program
Asset managers for the $110 billion corporate plans should start hiring with race, gender, and other considerations in mind, CIO Robin Diamonte says.
Asset Management Culture
Op-Ed: Investors Have More to Do If They Really Want to Help Address Systemic Racism
Capital allocators must understand the importance of supporting positive change that benefits their stakeholders and society at large, sustainable investing experts argue.
Consulting Firms Ask Asset Managers to Disclose Diversity Data
Verus and others have formed a diversity coalition as institutional pressure grows for greater racial equity.
Asset Allocation
NYS Pension Fund Calls for Civil Rights Audit on Amazon
State comptroller calls for third-party audit to asses how retail giant’s policies affect equity, diversity, and inclusion.
Regulation
Nasdaq Proposes Board Diversity Requirements
Market operator files SEC proposal to require company boards to meet certain guidelines to be listed on the exchange.
Asset Management Culture
Yale’s Swensen to Asset Managers: Hire More Women and Minorities
The decision to track investment firms’ progress would have a ‘seismic’ shift in the industry.
Asset Management Culture
Aiming to Boost Diversity, Canadian Institutions to Monitor Corporate Behavior
A group of funds holding roughly $2.3 trillion say they will make demands on companies whose stocks are in their portfolios.
Opinion
Op-Ed: We Are Still Living in the Jackie Robinson Age of Financial Services
Only a small, select group of Black professionals gets to advance to the C-suites of firms. White men get a lot more leeway. Nickol Hackett, CIO of the Joyce Foundation, lays out how this can be rectified.
Op-Ed: ‘Widening the Aperture’—A Key to Enhancing Minority Recruitment
A diverse talent pool can be accessed by expanding the recruitment process beyond finance-related fields, Northern Trust’s Abdur Nimeri writes.