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Registration for the 11th annual Asia Summit in Singapore September 18-20 is now open!

DEI in Asset Management (Invite only)

Monday, October 18, 2021
DEI in Asset Management (Invite only)
2021 Milken Institute Global Conference
2021 Milken Institute Global Conference

DEI in Asset Management (Invite only)

Monday, October 18, 2021
12:45 PM - 1:45 PM PDT
Maple
The desire for change and greater representation of women and minorities in the institutional investment industry has only accelerated within the past two years. Investing in the "American Dream for All" is predicated on equitable representation within asset management; less than 2 percent of asset managers are African American and less than 1 percent of the $70 trillion in US assets under management is managed by women, Blacks, or indigenous people of color. The broader trend matters—companies in the top quartile for racial and ethnic diversity are 35 percent more likely to have financial returns above their respective national industry medians. In this private session, participants will discuss strategies to recruit and develop a greater number of diverse professionals and the importance of considering alternative data in underwriting for emerging managers.