For financial professionals only
In 2021, we marked International Woman’s Day with a challenge to the fund managers we work with to explain how they support gender and broader diversity in their teams.
We found an improved gender split in new portfolio manager and analyst roles compared to 2019 – and a heartening number of mixed portfolio management teams for our funds. But progress was small, and gradual.
So as International Women’s Day rolls around again, we’ve gone back to them to see how the picture is looking for 2022.
In summary, as per last year we see cause for optimism. The gender balance for new hires in 2022, particularly in portfolio management, is excellent to see, as is the increasing number of mixed portfolio management teams.
We will, of course, continue to ask these questions in the hope that we’ll be reporting further progress next year. #BreakTheBias
This article is for financial professionals only. Any information contained within is of a general nature and should not be construed as a form of personal recommendation or financial advice. Nor is the information to be considered an offer or solicitation to deal in any financial instrument or to engage in any investment service or activity. Parmenion accepts no duty of care or liability for loss arising from any person acting, or refraining from acting, as a result of any information contained within this article. All investment carries risk. The value of investments, and the income from them, can go down as well as up and investors may get back less than they put in. Past performance is not a reliable indicator of future returns.