Tag: Diversity

Research November 9, 2022

Wilshire’s 2022 Diversity, Equity & Inclusion Report Finds Improvement in Asset Management

The share of clients investing with diverse-owned firms grew from 20% to 39% over the past three years, though AUM of by diverse-owned firms remained lower than non-diverse peers.

Manager Selection November 3, 2022

NYC Comptroller Hires Diversity, Equity, Inclusion Director

Taffi Ayodele will lead office’s strategy to expand engagement and allocations to minority and women-owned firms.

Regulation November 1, 2022

Proposed Legislation Aims to Improve Diversity in College Endowment Asset Management

The bill would require colleges and universities to disclose the share of their endowments invested by minority- and women-owned asset management firms.

Pensions October 13, 2022

U.K. Regulator Says Pension Trustees Are Not Prioritizing Diversity, Inclusion

TPR has published an ED&I action plan in response to ‘worrying’ research showing that trustees are doing too little.

Newsmakers August 31, 2022

Robert Wood Johnson Foundation Seeks New CIO

The $12.7 billion foundation is looking to replace Brian O’Neil, who is retiring at the end of the year.

Risk July 15, 2022

CFA Signs Up 40 Firms to Follow Its Diversity, Equity and Inclusion Code

Verus Advisory is the latest to join the group of signatories, which so far represent $17 trillion in assets.

Newsmakers June 22, 2022

Diversity and ESG Improve at PE and Credit Firms, Survey Says

But they still have a long way to go, with women making up just a quarter of investment teams, PineBridge poll finds.

Manager Selection May 3, 2022

Shundrawn Thomas to Leave Northern Trust Asset Management

The asset manager’s president since 2017, he will co-found an investing firm to help female and minority business operators.

Newsmakers December 1, 2021

Massachusetts PRIM Proposes $1 Billion Investment to Boost Diversity in Managers

The pension fund’s board will vote Dec. 2 on whether to approve the recommendation from its investment committee.

Asset Allocation August 5, 2021

Some of the UK’s Largest Asset Managers Back Diversity Initiative

Asset Owner Diversity Charter signatories represent $1.3 trillion in assets under management.

July 13, 2021

SEC Mulls New Sustainable Fund Disclosure Rules

The regulator’s chief says he’s concerned about the greenwashing of ESG investments.

Research July 2, 2021

Which Companies Have the Most Open Records for ESG Reporting?

A Booth School study has some surprises in its survey of S&P 500 sustainability disclosures.

May 19, 2021

Diversity Demands from NYC Pension Overseer OK’d at DuPont, Union Pacific

Similar proposals will land at other companies, including American Express and Procter & Gamble.

Asset Management Culture May 14, 2021

Diversity, Inclusion, ESG Are Key Focuses for Headhunters Seeking CIOs

The pandemic and social upheaval have impacted trends in hiring at endowments, family offices, and foundations, recruiters tell our symposium.

Asset Management Culture May 12, 2021

Part 4: Q&A with Shundrawn Thomas: ‘A Picture Is Worth 1,000 Words’

The president of Northern Trust Asset Management discusses C-suite diversity.