Aimed at promoting a more inclusive asset management industry, InvestmentNews parent Bonhill Group is holding its 2021 Women in Asset Management USA Awards on Sept. 9 virtually. It’s extended the deadline for submitting online nominations until June 11.
The awards will recognize role models, advocates and allies across the U.S. asset management industry, celebrating the accomplishments of individuals and firms that have championed diversity and responsible investment decisions.
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 is presented by DiversityQ.
Nominate financial professionals and firms for 20 different categories of recognition, including ESG Investment Manager, DEI Initiative, Global Equities Leader, Male Ally and Woman of the Year.
The 2020 awards were cancelled due to Covid-19, but 2019 winners are shown here.
Retiring RIA seller David Laidlaw alleges the Carnegie valued his stake on $11.7 million EBITA while pitching potential buyers on $21.3 million.
New tool gives RIAs and family offices AI help vetting private market deals, with some users reportedly halving review time.
Investors got projected returns dressed up as real ones, SEC says
Parents must still act to get the $1,000 federal seed and employer contributions, giving financial advisors a role in the rollout.
FINRA booted Rudy Anguiano from the industry for “conversion - the intentional and unauthorized taking of another person’s property.”
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains