Asset management investment teams are still dominated by men at a ratio of two for every one woman hired, despite initiatives to create a better gender balance.
Overall, the study found the average investment team's gender split is 78% male and 22% female. Just 5% of investment teams consist of more than 40% women, while 60% are three-quarters or more male, an increase of 2% since last year. The data contradicts findings elsewhere in the survey, in which 97% of respondents believe diverse teams improve their ability to deliver a more effective investment strategy. FTSE 350 asked for female leaders data Sarah Miller, vice president at Redington, said: "While it is encouraging that managers are so positive about the benefits that diverse...
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