InvestmentNews parent Bonhill Group has announced the short list of honorees for the third annual Women in Asset Management Awards in the U.S.
More than 200 individuals were nominated for categories such as Advocate of the Year, Employer of the Year and ESG Investment Manager of the Year. The 14 judges assessed the candidates to create a list of 119 finalists across 16 categories.
The Women in Asset Management Awards US celebrate the achievements of women at a time when there's increased urgency for conversations on racial injustice and gender diversity. The percentage of female fund managers has been hovering around 14% for the past 20 years, and in the U.S., women represented just 11% of all portfolio managers at the end of 2020, according to Morningstar.
The data are slightly brighter when viewed from the perspective of percentage of funds with at least one female manager. About 13% of all U.S. funds have at least one female manager.
The Women in Asset Management Awards initiatives, presented by DiversityQ, showcases professionals from across the country who are striving for more ethical and responsible investment decisions, and promoting the importance of a more inclusive sector.
Women from Ally Invest, BlackRock, Fidelity Investments, Goldman Sachs, Lord Abbett & Co. and many other firms are shortlisted for awards. To view the full short list for all 16 categories, click here.
The winners of each category will be announced live in an online ceremony on Sept. 9. Individuals can register for the event here. The day before the awards event on Sept. 8, DiversityQ invites InvestmentNews readers to its Women in Asset Management Summit, where it will present a series of keynote presentations, fireside chats and panel discussions with industry leaders covering key topics such as ESG in 2021, the current asset management landscape, sustainable careers in the industry and how to address current DEI challenges.
Meanwhile, Raymond James and Tritonpoint Partners separately welcomed father-son teams, including a breakaway from UBS in Missouri.
Paul Atkins has asked staff to solicit public comment on novel ETFs, pausing the clock on as many as 24 filings linked to the booming event contracts market.
From 401(k)s to retail funds, Deloitte sees private equity and credit crossing into mainstream investing on two fronts at once.
Big-name defections from Morgan Stanley, UBS, and Merrill Lynch headline a busy two weeks of recruiting for the wirehouse.
Markets have always been unpredictable. What has changed is the amount of information investors are trying to process and the growing role advisors play in helping clients avoid emotional decisions
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management