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Actions, not words, sought regarding diversity

As more attention is paid to diversity in the asset management industry, some stakeholders want the SEC to ramp up transparency. ....

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Al Sharpton singles out Amherst in campaign to diversify college asset managers

The civil rights leader is calling on the Massachusetts college to release data on its endowment managers and to invest more dollars in minority-led funds. ....

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Foundations Make Little Progress on Diversity

“With data out there, we can have an adult conversation about why there’s so much underutilization of talented women and people of color,” said Robert Raben, executive director and founder of the Diverse Asset Managers Initiative. ....

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Majority of largest US foundations invest $1 in $6 in diverse-owned asset management firms

America’s top foundations overwhelmingly invest their assets through white male-led firms, but a new study sees growing commitment to diversity ....

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Wealthiest U.S. Foundations Lean More on Diverse Asset Managers

The Bill & Melinda Gates Foundation was the only one in the study to report that 0% of its holdings are with diverse firms. ....

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