The next ESG? 'Diversity becomes increasing part of manager selection'
Rising trend
Diversity is becoming part of asset managers' strategies
Industry commentators have likened growing client interest in diversity criteria when making investment decisions to the rise in demand for ESG strategies over the past five years, while analysis of firms' progress in this area is being added to most asset managers' screening processes.
A recent report by think tank New Financial called Diversity from an Investor's Perspective, which surveyed 100 asset owners globally with combined AUM of $8trn while also conducting 40 interviews with...
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