The “Diversity Multiplier:” Why We Need More Women in Investment Management
Below is an excerpt from a CFA Institute blog.
The asset management industry in the US boasts several high-profile women leaders — Mary Callahan Erdoes, CEO of JPMorgan Asset Management comes to mind. So does Marie Chandoha, president and CEO of Charles Schwab Investment Management, and Kristi Mitchem, president, chief executive officer, and head of Wells Fargo Asset Management.
But as Oliver Wyman’s recent report, “Women in Financial Services,” points out, despite having some women in top positions, “asset management does no better than the rest of the financial services industry when it comes to female representation at the top. And portfolio management, the so-called ‘engine room’ of the asset management industry, does even worse.”
To read the full article on CFA Institute click here.