To improve diversity, asset managers should rip up the rule

To improve diversity, asset managers should rip up the rule book on recruitment


To improve diversity, asset managers should rip up the rule book on recruitment
By
Apiramy Jeyarajah
25 May 2021
For too long, the investment industry has relied on staid recruitment methods that maintain the status quo. By doing things differently, we can improve diversity and futureproof our businesses.
Asset management has a diversity problem. While the issue is thankfully rising up the agenda, women, ethnic minorities and a host of other diverse characteristics remain woefully under-represented across the industry, especially in senior roles.
Finance is by no means an outlier, and the situation reflects deep-rooted inequalities in wider society. Women, especially women of colour, are more likely than men to have been laid off or furloughed over the last year. Two in five mothers have considered taking a step back in their careers due to the challenges of juggling parenting with remote working during the pandemic.

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