Investment20/20 programme boosts industry with more than 1,000 recruits since launch

Rise in BAME and school-leaver trainees

Investment20/20, the careers service designed to promote entry-level talent, diversity and inclusion for the investment management industry, has helped more than 1,000 young people from a range of backgrounds into employment since its launch in 2013.

Founded by Nichola Pease, non-executive director at Schroders, and Andrew Formica, CEO at Jupiter, the initiative works with over 40 asset management houses to find trainees among school and university leavers, 85% of whom went to a state school and many being the first in their family to go to university. Out of the total 1,339 candidates enrolled on the programme since launch who have completed the one-year traineeship at an asset manager, 75% (1,004) were subsequently employed by their sponsor firm. 50% of total trainees have come straight out of school, while the other half were u...