David Newns: Three trends that will pile pressure on diversity-averse companies

We should withdraw from unequal companies

clock • 4 min read

In the Hampton Alexander Review, Saxo Bank CEO Kim Fournais wrote that investing is one of the most effective ways to make an impact on the world. This is why I am withdrawing my investments from the ten companies identified by the review as the worst performers on gender diversity in organisational leadership.

In the Hampton Alexander Review, Saxo Bank CEO Kim Fournais wrote that investing is one of the most effective ways to make an impact on the world. This is why I am withdrawing my investments from the ten companies identified by the review as the worst performers on gender diversity in organisational leadership.  If the Hampton Alexander Review is not pressure enough, then investor persuasion probably will be one of the tools to make these companies more diverse and equitable.  Diversity Project targets 30% female fund managers by 2030 Although I am one of the first to so openly...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

Partner Insight: Remaining flexible to solve the income puzzle

Partner Insight: Remaining flexible to solve the income puzzle

Aegon Diversified Monthly Income Fund co-manager Debbie King reflects on how the fund has achieved a decade of consistent income delivery in an ever-changing macro environment.

Debbie King, Investment Manager @ Aegon AM
clock 15 May 2024 • 7 min read
JP Morgan AM launches euro-denominated public debt money market fund

JP Morgan AM launches euro-denominated public debt money market fund

Focused on EUR government debt

clock 13 May 2024 • 1 min read
PIMCO and abrdn funds lose Square Mile rating following manager departures

PIMCO and abrdn funds lose Square Mile rating following manager departures

Eight new ratings

Cristian Angeloni
clock 13 May 2024 • 3 min read
Trustpilot