As evidence mounts to prove that diverse investment teams achieve better risk-adjusted returns, asset managers are recognising the need to improve the diversity of their workforce. Recruiting more women, ethnic minorities and people with different educational and professional experiences would seem an obvious first step.
In June 2017, the Women in Governance Roundtable, the only all-female annual governance meeting that brings together female board directors of listed companies and investors will for the first time take place in the UK.
Good decision-making in any organisation rests upon good governance. In other words, it’s about ensuring the right people are around the table to debate ideas and challenge views which have been put forward in order to come to a decision in a robust manner.
In this video by Mercer, Lushan Sun, Investment Consultant, and Michael Kinney, Senior Research Specialist in Mercer’s Equity Boutique, discuss diversity and how this impacts Mercer’s manager research ratings.
What will continue to make our industry successful? Henderson’s Andrew Formica sees clearly that a revolution in recruitment thinking and process holds one of the answers: “I worry that, over the past 10 years, our catchment of new joiners has got narrower and narrower. This has to be to the detriment of the long-term health of the industry.”