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Investing in and Growing Wealth for Women of Color

2021 Milken Institute Global Conference

Investing in and Growing Wealth for Women of Color

Monday, October 18, 2021
11:30 AM - 12:30 PM PDT
Oasis Pavilion
It's no secret that the US lags among nations in supporting women in financial services, especially fund management. New research from Morningstar showed that the percentage of managers in the US who are women is close to or below the global average of 14 percent. Similarly, market research from Morgan Stanley in 2016 showed that companies that had taken a holistic approach toward equal representation had outperformed their less diverse peers by almost 3 percent since 2008. It's time to identify steps that policy and business leaders in this sector can take to increase representation of women of color—through either hiring or targeted investments in the talent pipeline. This panel will bring together well-known leaders, along with emerging fund managers, to discuss solutions to bridge the gender equity divide, as well as to highlight the missed opportunity of the triple bottom-line benefits of enhanced representation.