Why are there still so few women-led asset managers?
Despite the growing body of research that shows women-led funds have the potential to outperform benchmarks, asset managers are still overwhelmingly led by men.
The number of diverse-owned asset managers is rising very slowly globally, and even slower still in the East. More can be done, experts said, even if the proportion of female key decision makers in Asia Pacific is higher than in other regions.
A 2021 study released by Knight Foundation found that only 16% of funds held by 25 of the world’s top foundations were managed by diverse-owned asset managers, a one percentage point increase from 2020.
In addition, women only make up 14% …
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