How does the fund management industry improve workplace diversity? On July 3, 2019, Refinitiv hosted the fifth Annual Lipper Fund Selector Forum at Canary Wharf. The second final panel of the morning was “The Diversity Dividend.” The funds management industry has often been indicted as suffering from a lack of diversity in its workforce. This panel looked at the issues behind this charge and what is being done to address this issue. The panel discussed the various initiatives that the asset management industry is undertaking to improve diversity and outlined how improved levels of workplace diversity benefit shareholders and result

In this #FundManagerChat podcast, Bev Shah, founder and CEO of CityHive, discusses the current state of diversity and inclusion in the asset management industry. Bev explains how she came about to found the CityHive initiative and outlines how asset management firms can benefit from increasing workplace levels of diversity and inclusion. Bev considers the types and levels of meaningful change that the industry needs to adopt in order to improve their corporate scorecards. She also explains the importance of the role of education in encouraging a more diverse pool of potential asset management employees. Running Order Run Time Topic 00:20

Diverse and inclusive workplaces are not only ethical but also good business. Investors are increasingly looking for companies which have good Diversity and Inclusion ratings to ensure they are investing in companies with diverse ideas. Our Diversity and Inclusion ratings give investors transparent and standardized metrics to analyze companies. Increasing numbers of companies are reporting on their diverse and inclusive work practices. Diversity and Inclusion metrics create our diversity and inclusion index. The Index offers an innovative benchmark for fund managers and investors wishing to commit capital to companies that actively invest in and promote environmental, social and governance values